Launches & Closures

Morgan Stanley teams up with Claritas for Brazilian equity launch


Morgan Stanley is expanding the range of hedge fund strategies offered on FundLogic, its UCITS fund platform with the launch of a Brazilian long/short equity market-neutral strategy. The new strategy will be managed by long-standing Brazilian alternative investments group Claritas Investimentos.

MS Claritas Long Short Market Neutral UCITS Fund, which will be offered with weekly liquidity on Morgan Stanley’s Irish-domiciled UCITS umbrella fund platform FundLogic Alternatives, is managed by Claritas Administração de Recursos.

The underlying Claritas strategy, which has approximately $1.87 billion in assets under management, targets uncorrelated returns with Brazilian equity indices via an all-sector long/short approach that maintains