UCITS for Hedge Fund Managers

Hedge fund managers are contemplating diversifying their portfolios and attracting new investors. One increasingly attractive option is the pan-European regulated fund, the UCITS.

Investment Funds Partner Simon Firth looked at UCITS from the perspective of a UK hedge fund manager who is considering the merits of establishing a UCITS fund. The discussion covered the types of investment a UCITS can make, as well as operational and regulatory aspects in light of recent changes under "UCITS IV".