Wrappers / Structures

Galaxy links with Merchant for UCITS


Hong Kong's Galaxy Asset Management, which manages several China-focused funds, is launching a UCITS alternative China fund in partnership with Merchant Capital, a London-based asset management firm that provides the UCITS III platform to the hedge fund industry.

Joe Chan

Pending regulatory approval, the Dublin-domiciled fund aims to launch with about $20 million of AUM in September, making it the first Greater China strategy to launch on the UCITS platform. Galaxy intends to expand its client base of continental European institutions with the new offering, and also attract retail investors, said the firm's Johnson Cheung, who