Hedge Funds

Sabre launches first UCITS-compliant fund


Thwarted by economic events in 2008, the London-based asset manager is finally making its foray into UCITS now

Sabre Fund Management was ready to launch a UCITS fund in the latter end of 2008. But the collapse of Lehman Brothers, the changing economic climate and the uncertainty around investor appetite meant that the London-based asset manager put the project on hold.

Melissa Hill

The UCITS All Weather Fund is launching in the next few weeks and it is a clone of the Sabre Style Arbitrage Fund. So far this year the replicator has returned 6.56%. It has an annualised return of 7.86%, last year it returned 21.97% and in 2008 it was