Launches & Closures

Cohen & Steers, Spectrum Partners unveil new UCITS funds

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Morgan Stanley and Merchant Capital have both added new funds to their UCITS platforms this week as the pace of the new UCITS fund launches continues to run at a high rate.

The latest addition to Morgan Stanley’s UCITS Irish umbrella, called FundLogic Alternatives Plc, is a global long/short strategy focused on listed real estate, will be managed by Cohen & Steers Capital Management, the New York-based real estate investment specialist that was founded in 1986 and manages some $40 billion.

The MS Cohen & Steers Global Real Estate L/S Fund will seek to capture the alpha embedded