- Advertisement -
- Advertisement -

Related

IPM completes transition from FundLogic with own Umbrella

Industry Report

- Advertisement -

Stockholm (HedgeNordic) – Following Morgan Stanley´s decision to discontinue the FundLogic Alternatives umbrella last year, Informed Portfolio Management, IPM, has completed the transfer of its subfund to its own, Irish domiciled UCITS Umbrella.

The IPM UCITS ICAV has retained the services of Northern Trust who remain as Custodian, Transfer Agent and Administrator. Davy Investment Fund Services Limited (DIFS) has been appointed as the external Management Company to manage the regulatory obligations on behalf of IPM UCITS ICAV. IPM meanwhile remains as investment manager to the sub-fund which runs the same trading strategy as the flagship, Cayman Island based vehicle. The strategy ran a total of $5.7bn as of the end of December 2018, while the firm manages $8.7bn, in total across various strategies.

Stefan Detlof, COO at IPM commented: “We have worked really hard to make the transition process as smooth as possible for investors and are pleased to see the new fund finally coming into life. DIFS, which we carefully selected after a thorough process last year, have brought in a wealth of experience to facilitate the transition but we are also indebted to Morgan Stanley and Northern Trust for their dedication to the transfer process and their ongoing support”.

Serge Houles, Head of Client Portfolio Management, who has been instrumental in the UCITS project from the start, also added: “We are committed to match the high standards of client service set by Morgan Stanley in co-operation with DIFS. The attraction of uncorrelated returns has brought us clients from all across the globe and the UCITS format has enjoyed the same success, now being passported in 16 countries across Europe. The new fund will remain at the heart of our product offering.”

The strategy returned 1.9% during 2018, and shows a compound rate of return of 7,7%, since inception in July 2006.

 

Picture: (c) The Art of Pics—shutterstock.com

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Kamran Ghalitschi
Kamran Ghalitschi
Kamran has been working in the financial industry since 1994 and has specialized on client relations and marketing. Having worked with retail clients in asset management and brokerage the first ten years of his career for major European banks, he joined a CTA / Managed Futures fund with 1,5 Billion USD under management where he was responsible for sales, client relations and operations in the BeNeLux and Nordic countries. Kamran joined a multi-family office managing their own fund of hedgefunds with 400 million USD AuM in 2009. Kamran has worked and lived in Vienna, Frankfurt, Amsterdam and Stockholm. Born in 1974, Kamran today again lives in Vienna, Austria.

Latest Articles

Rising Adoption of Quantitative Investment Strategies Among Nordic Investors

From a high-level perspective, there is a clear trend of increasing adoption of quantitative investment strategies (QIS) among Nordic institutional investors, either through the...

EU Plans Stress Test for Hedge Funds and Non-Bank Firms

European regulators are planning a stress test to identify vulnerabilities beyond the traditional banking sector, focusing on less regulated entities such as hedge funds,...

ALCUR Fonder Continues Hiring Spree

Following two earlier additions this year, ALCUR Fonder continues to expand its portfolio management team at a notable pace. The Stockholm-based hedge fund boutique...

Nordic Private Markets Modernize with Data-Centric Trade Lifecycle Automation

By Anders Stengaard Jensen at Indus Valley Partner: In recent years, asset managers in Nordic countries have accelerated efforts to modernize trade operations, particularly...

Norwegian Hedge Fund Industry Sees Major Boost with New Launch

The Swedish and Danish hedge fund industries remain closely matched in size, with Denmark recently edging ahead of Sweden. While still less than half...

Atlant Funds Hold Up in May Despite Mistimed Market Call

Macroeconomic and market forecasts are notoriously difficult, even for experienced hedge fund managers. What matters more than being right, however, is ensuring that incorrect...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.