Funds of Hedge Funds Wrappers / Structures

JP Morgan starts UCITS III fund of funds


JP Morgan Mansart Investments and Strathmore Capital have launched the JP Morgan Strathmore Fund, a multi-manager UCITS fund of UCITS funds, designed for institutional investors. 

The fund responds to investors' demands for a regulated onshore vehicle able to deliver absolute return strategies with a high degree of liquidity, transparency and control. 

Rui Fernandes, head of equity and fund derivatives structuring at JP Morgan in London, said: "This fund is attractive to investors who seek absolute returns from a well diversified, multi-manager portfolio, with a conservative risk profile. It further broadens JP Morgan Mansart Investment's offering of UCITS-compliant funds which provide