Wrappers / Structures

EIM offers Luxembourg UCITS fund

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EIM, the Pfaeffikon-based fund of funds group, has launched a Luxembourg-domiciled UCITS Sicav umbrella to complement its bespoke service.

The number of underlying managers, which will include absolute return managers, in its funds is between six and 20 depending upon its asset class, said to Marc Albertelli, deputy chief investment officer of long-only for EIM.

“We use external funds only, selected through an internal due diligence process that includes qualitative and quantitative elements. Our Sicav UCITS umbrella is complementary to the EIM’s tailor made offering and it provides a directional range of sub-funds and an absolute return range of