Hedge fund managers moving into Ucits ETFs and index products

Innovation leads to expanded product offering: Ucits supplement July 2010: Examining the phenomenon

Test tubes

Creativity and innovation have always been hallmarks of the hedge fund industry. The development of Ucits-compliant products is a natural progression but one that has required considerable work.

To date only a handful of companies have launched a Ucits hedge fund index and even fewer have delved into the trickier area of Ucits-compliant exchange traded funds (ETFs) based on hedge funds, although traditional Ucits ETFs such as those offered by BlackRock’s iShares platform are flourishing.

Those tha