In the aftermath of the financial crisis, investors were clamouring for transparency and liquidity. Partly as a way to satisfy this demand and to reach new sources of assets in markets where investors were restricted to regulated, onshore funds, many hedge fund managers began eyeing Ucits. No one is certain when the first Ucits wrapper was put around a hedge fund but the idea caught on quickly post-2008.
Ucits products had already garnered a reputation and were seen by many inve
The week on Risk.net, August 4–10Receive this by email