Wrappers / Structures

Nomura launches UCITS fund based on HFR index


The HFRq UCITS III Fund has been launched by Nomura, the Japanese-based investment bank.

The fund is the latest in the series of open-ended UCITS III compliant funds on Nomura’s Enovara platform. It aims to offer investors exposure to the HFRq UCITS III Index in a regulated and transparent manner.

The fund is launched in collaboration with Hedge Fund Research, HFR Asset Management, and Quantitative Equity Strategies.

The index references liquid and transparent instruments, and incorporates forward looking risk metrics, in addition to historical data, in its replication portfolio construction methodology.

The index components are selected on the basis of an algorithmic