Ireland's regulator has approved the inclusion of hedge fund indices as eligible assets for vehicles...
Ireland's regulator has approved the inclusion of hedge fund indices as eligible assets for vehicles operating under Ucits III framework. The Committee of European Securities Regulators (Cesr) ruled last July that hedge fund indices are suitable for Ucits III funds, paving the way for retail investment in products based on such benchmarks. Dublin's regulator has now made use of these powers by allowing Ucits funds to invest in the FTSE Hedge Global and Hedge Momentum indices. Hedge Global includes 34 management companies, such as GLC, Sinopia and RAB Capital, while Hedge Momentum is d...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
