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!!

4 Comments
 

Retail focused fund selling 40 Act products. I would suggest starting your career off in a place with institutional AUM.

 

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).

There have been many great comebacks throughout history. Jesus was dead but then came back as an all-powerful God-Zombie.
 

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