Retail Investors

RWC moves Pilgrim fund onshore under UCITS


A Cayman-domiciled hedge fund managed by London-based RWC Partners, which at its peak had more than $1.1 billion assets under management, is transferring its strategy onshore to the UCITS wrapper.

The RWC Pilgrim Fund currently has assets under management of $33 million (£21 million) as at the end of September. The fund will be redomiciled to the RWC Partners Luxembourg-domiciled SICAV umbrella on 28 October and is being renamed as the RWC UK Pilgrim Fund.

Dan Mannix from RWC Partners

RWC Pilgrim, run by John Innes since its inception in October 2000, is a long/short Anglo-European equity fund