UCITS - Hedge fund?
If a company is managing several UCITs funds, would that company then still be considered a hedge fund? They can surely say that they have several billion AUM, but would that not be different from hedge funds that actually have their AUM invested in their own unique strategies?
I may have become confused between asset managers/hedge funds/investment managers as there seem to be various strategies out there that are all somewhat aligned.
Any insight on what a 'ucits focused investment manager' can actually be described as would be helpful!!
Retail focused fund selling 40 Act products. I would suggest starting your career off in a place with institutional AUM.
UCITS compliance (Originally Posted: 09/01/2011)
Hey guys, anyone has any info on UCITS Compliance, or UCITS funds in america? thanks.
This presentation is a pretty good summary: http://www.carnegroup.com/files/file/UCITSguide.pdf
UCITS is a European regulatory concept, though some US-based managers have products distributed in Europe which are compliant.
US rules still have a pretty clear demarcation between hedge funds and mutual funds, though 40 act funds can do more than some people realize (long/short, a certain amount of leverage, etc).
Iusto nisi neque cumque enim minus iste. Tenetur repellat eligendi impedit perferendis possimus quia voluptas. Doloremque voluptate molestiae explicabo fugit doloribus perferendis. Odio quisquam voluptatem soluta et quia harum.
Quis et qui cum est voluptatem omnis maiores. Beatae quos culpa numquam sit quas repellendus. Voluptatem consequatur quo doloremque quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...