UCITS III platform provider Merchant Capital has launched a new service enabling managers of established funds to determine whether their strategies will translate efficiently into a UCITS structure.
Often managers are given conflicting advice about a strategy’s compatibility, according to Merchant co-founder George Cadbury. The firm’s new UCITS Strategy Assessment/Feasibility Evaluation (UCITS SAFE) will provide an “unambiguous, thorough and cost-effective viability assessment”, he said.
Merchant is working with Carne Global and Kinetic Partners to execute the system. Merchant and Carne Global assess a fund’s invested underlying instruments, exposure and positioning, while Kinetic carries out VaR analysis.