Schroders launches US equity long/short fund managed by Select Equity Group

UCITS version of $9.4bn flagship fund

Valeria Martinez
clock • 1 min read

Schroders has launched the Schroder GAIA SEG US Equity fund, a long biased US equity long/short fund managed by New York-based alternatives firm Select Equity Group.

The fund is a UCITS version of SEG's flagship long/short US equity strategy, which launched in 1998 and had over $9.4bn AUM as of December 2022.  It will launch through a merger to accommodate a transfer of shareholders from the firm's existing Select Equity Long Short UCITS sub-fund. Calastone teams up with Schroders on tokenised investment vehicle project The vehicle will offer weekly liquidity and provide investors with exposure to a high-conviction strategy with a research-driven approach that invests in "quality" businesses, Schroders said. Andrew Dreaneen, head of alternat...

To continue reading this article...

Join Investment Week for free

  • 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

Join now


Already an Investment Week


More on Alternatives

Sarah Miller (pictured), senior vice president Redington's manager research team

Redington's Sarah Miller: How retail investors can approach real assets implementation

Liquid vs illiquid markets

Sarah Miller
clock 23 November 2023 • 4 min read
Blackstone Diversified Multi-Strategy sought to provide investors with a diversified blend of alternative strategies and hedge fund managers in a single daily liquid UCITS fund.

Blackstone to close multi-strategy fund as assets tumble 90%

Diversified Multi-Strategy fund

Valeria Martinez
clock 21 November 2023 • 1 min read
The fund is the latest addition to Pantheon's $7bn global private wealth platform, which offers a range of evergreen fund solutions, including the $2.4bn AMG Pantheon fund: Credit: iStock

Pantheon expands wealth offering with launch of open-ended private equity fund

Subscriptions starting at $25,000

Valeria Martinez
clock 13 November 2023 • 1 min read