Range of funds unveiled for UK UCITS investors

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A range of UCITS-compliant absolute return funds has been unveiled by alternative investment distributer, PDL International.

The funds are being distributed in the UK by PDL on behalf of Swiss-based Salus Alpha, a fund manager with assets of more than $1.2bn under management.

The funds, which are regulated by the Financial Services Authority, are designed to deliver growth irrespective of market conditions and are available to both institutional and retail investors, according to a statement by PDL.

Sven Kuhlbrodt, managing director of PDL International, says: “With the outlook uncertain in the global financial markets, the appetite for alternative, uncorrelated products is