Collective Investment Scheme
UBS redomiciles Cayman-based AIF to Dublin
UBS Hedge Fund Solutions, a unit of Swiss bank UBS, has become the first investment manager to re-domicile a Cayman Island fund in Ireland under the Irish Collective Asset-management Vehicle (ICAV) legislation.
BlackRock opens high income/lower risk European strategy
BlackRock has responded to investor demand for high-income and lower-risk opportunities with the unveiling of an alternative European strategy.
United Kingdom | 1 Jun 15
Fraudster gang faces jail terms over £4.3m UCIS losses
Eight fraudsters face a combined total of 26 years’ imprisonment after the UK’s Financial Conduct Authority found they lost over £4.3m of investors’ money in their unauthorised collective investment scheme (UCIS).
BNY Mellon launches European Dynamic Total Return Fund
BNY Mellon Investment Management has launched a UCITS Dynamic Total Return Fund, giving European investors access to its successful investment strategy which aims to keep pace with global equity markets while managing volatility and cushioning any market falls.
Cogress to target IFAs with new collective property offering
Private equity house Cogress UK has said it plans to release a regulated offering which will allows UK IFAs to invest client money into its collective property investment model.