Matrix and Marshall Wace to roll out further Ucits III funds

Marshall Wace and Matrix Group are both planning to grow their Ucits III fund ranges in the coming m...

Marshall Wace and Matrix Group are both planning to grow their Ucits III fund ranges in the coming months. The former is planning a Greater China launch next month while Matrix is also planning to roll out a number of Ucits compliant funds this year, building on the current trend of hedge fund managers bringing their products to the UK retail market. Alternative management specialist Marshall Wace has already opened four of its long/short equity funds under the Ucits banner, which it says reassures investors concerned about illiquidity and risk in hedge funds. It also opens the produc...