Ucits

‘Newton is not a one-trick pony’

36 South, the hedge fund whose ‘Black Swan' vehicle returned 200% in 2008, plans to launch a UCITS version of its long-volatility structure for investors concerned with the current market environment.

As a fully paid up Englishman, I probably have no right to sound off about Scottish independence - although that has not stopped the Prime Minister or some bosses of DIY companies, so why should it stop me?

Fund buyers are struggling to find funds which are inversely correlated with equity markets as they try to protect portfolios against a potential correction.

Groups back latest cost proposals but performance fees escape new rules

Could debt funds be an alternative to high yield?

Boutique investment house Newscape Capital Group has closed its poorly-performing Dynamic Rates & Currency fund less than two years after bringing it to market, and has also shut its Absolute Bond fund, Investment Week understands.

Fund buyers have been selling down their exposure to Hugh Hendry's Eclectica Absolute Macro fund after his performance downturn accelerated at the start of 2014.

The Iveagh name is to vanish from the investment world in the near future after the group agreed a deal with City Financial which will see the latter buy its fund range this year.

NEWS ANALYSIS