Ucits authorisation sought on VAM Driehaus and MA Strategy

Investment boutique VAM Funds is seeking Ucits authorisation for two funds in Luxembourg, to distribute them in the UK.

Nigel Watson, VAM’s sales director, says he hopes Luxembourg’s regulator will issue Ucits certification in a matter of weeks for the Driehaus fund, and VAM’s Multi-Asset Strategy fund. VAM will then seek authorisation to distribute these in the UK. Watson says: “What VAM is doing is bringing into the retail market investment expertise that would otherwise not be available to that market.” Other firms attempting to market these type of funds include Insynergy Investment Management – which distributes funds run by Crispin Odey and GAM China fund manager Michael Lai – and also of GAM ...