- Advertisement -
- Advertisement -

Related

IPM completes transition from FundLogic with own Umbrella

Latest 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

Mapping the Finnish Hedge Fund Landscape

Beyond operating as a media platform, HedgeNordic maintains an extensive database of Nordic hedge funds and related data. Although the data is not without...

Quirky Questions for Serge Houles (Tidan Capital)

Not every conversation in the hedge fund world needs to revolve around alpha, Sharpe ratios, or fund flows. In the ongoing Quirky Questions series,...

Quirky Questions for Mette Østerbye Vejen (Caba Capital)

Not every conversation in the hedge fund world needs to revolve around alpha, Sharpe ratios, or fund flows. In the ongoing Quirky Questions series,...

Solid First-Half Finish for Nordic Hedge Funds

Nordic hedge funds wrapped up the first half of the year on a solid note, delivering an average gain of 1.4 percent in June....

Brevan Howard Winds Down Volatility Fund Managed by Ville Helske

Brevan Howard Asset Management is winding down a volatility-focused hedge fund run by high-profile Finnish portfolio manager Ville Helske. Helske, formerly Head of Allocation...

Ymer to Launch Fourth CLO Fund with Proven Strategy and Structure

Building on the track record of three previous credit funds, Swedish alternative credit specialist Ymer SC AB is preparing to roll out its fourth...

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.