Comment: Chris Sullivan
The hedge fund industry has always had a bit of a schizophrenic relationship with the media, particularly here in the US
Against the backdrop of difficult market conditions and growing investor…
13/12/2011
Morgan Stanley is launching a new fund on its Irish Ucits umbrella platform which will offer access to a Brazilian long/short equity market neutral strategy, the company has announced.
The MS Claritas Long Short Market Neutral Ucits Fund will be managed by Claritas Administração de Recursos, a Brazilian investment firm worth $1.87bn.
David Armstrong, managing director at Morgan Stanley, said it was the first absolute return Ucits fund “exclusively focused on the Brazilian equity market”.
He added: “Claritas’ highly experienced investment team, led by Helder Soares, will provide investors with a diversified representation of the many alpha extraction opportunities in the Brazilian equity market within the UCITS framework”.
Northern Trust will provide administration and custodian services to the fund, which will sit on FundLogic, Morgan Stanley’s alternatives platform, which launched in 2006.
07/06/2012
Join us and our panel of experts for HFMWeek's Subscribers' Club June's UK breakfast briefing, 'Impact…
31/05/2012
The next US HFMWeek Subscribers' Club breakfast, will take place on Thursday May 31. Join us and…
02/02/2011
HFMWeek's European Hedge Fund Services Awards are designed to recognise companies that have outperformed...
Be the first to comment on this article!