SUCCESSFUL UCITS FUND LAUNCHES

Building on the momentum of 2016 where 10 UCITS funds had been launched, we are pleased to advise of a positive start to 2017 with an additional three UCITS launches with the following European fund management solutions provided:

• UCITS Platform hosting to a U.S. SEC regulated Investment Manager.
• Third Party UCITS Management Company inclusive of retained investment manager services to a Swiss based investment advisor.
• Third Party UCITS Management Company to a Swiss regulated investment manager.

The Leland Thomson Reuters Private Equity Index Fund

Good Harbor, based in Chicago, has launched its first UCITS product on the DMS UCITS Corrib Platform ICAV “Leland Thomson Reuters Private Equity Index Fund”. Structured as a UCITS, the Fund offers investors daily liquidity and low minimums, allowing for access to private equity buyout-like returns to non-institutional investors. Recognising the impact that these alternatives have had, and the results which have been achieved, non-institutional investors have looked to incorporate alternatives such as private equity buyout investments into their own portfolio construction. However, these investments have been difficult to access since they are typically only available to accredited investors, and have generally been accompanied by long lock-up periods, higher fees, complex tax structures, and a lack of transparency.

QCAM Currency Asset Management AG’s v-Pro

QCAM Currency Asset Management AG’s v-Pro is a long/short FX volatility program and will be the second fund to launch this year on the ICAV platform. This UCITS fund adopts four different volatility strategies in order to achieve stable returns in various market environments. v-Pro uses a blended approach where profitable trades are identified through quantitative analysis of the volatility and spot markets combined with discretionary filtering through QCAM’s volatility trading team. Investments are mainly carried out in highly liquid major currencies, completed by opportunity trades in emerging currencies.

How Can Waystone Help with UCITS Fund Management & Launches

Waystone is an authorized Alternative Investment Fund Manager (AIFM) and UCITS management company approved by the Central Bank of Ireland and the CSSF in Luxembourg. Waystone Europe is headquartered in Ireland, with offices in London and Luxembourg to support our clients for European regulated products. Our European fund management services include:

• AIFMD & UCITS Management Company (Ireland & Luxembourg)
• AIFMD & UCITS Umbrella Fund Platforms (Ireland & Luxembourg)
• Designated Persons (Ireland & Luxembourg)
• Risk Management (All domiciles)
• Regulatory Reporting (AIFMD Annex IV, Form PF, CPO and OPERA)

“The DMS UCITS V compliant ICAV Platform’s, DMS QIAIF ICAV Platform and third party fund services have seen an unprecedented level of demand during the last quarter” stated Conor MacGuinness, DMS Governance.

Waystone is pleased to support the increasing level of launches in both Luxembourg and Ireland with the RAIF in Luxembourg now seeing an increased interest from U.S. managers.