Weekly UCITS News (Friday)

EFAMA has welcomed the publication by the European Securities and Markets Authority (ESMA) of its Consultation Paper setting out future guidelines on UCITS Exchange-Traded Funds (UCITS ETFs) and other UCITS issues. »

A greater focus from regulators and investors has led to an increased number of hedge fund and private equity managers actively considering strategic moves to more favourable domiciles, according to a new report from Clear Path Analysis. Emerging regions are particularly appealing to investors and as such managers are now looking at the business potential of setting up a presence overseas. »

Fitch Ratings has assigned the Henderson Horizon Global Property Equities Fund, a fund managed by Henderson Global Investors, a 'Strong' Fund Quality Rating. »

Independent fund services provider Butterfield Fulcrum, and Luxembourg Investment Solutions SA (LIS), a regulated (UCITS-licensed) management company, have signed a strategic cooperation agreement to provide a complete suite of management company and fund administration services in Luxembourg. »

The Association of the Luxembourg Fund Industry (ALFI) has set out its ambition for the Luxembourg Fund Centre to be a global centre of excellence for the asset management industry, thereby creating opportunities for investors, fund professionals and the global community as a whole.   »

PerTrac has launched new releases of its analytics solutions, PerTrac Analytics 7.2 and PowerLink 1.2. The powerful, new versions handle all data frequency types including daily data for investment analysis, strategy comparison and fund benchmarking. »

From launch on 8th April 2010 to the close of its first financial year on 31st March 2011, the Thames River Real Estate Securities Fund, which now has net assets of approximately GBP47 million, has returned 20.80%, compared to 15.48% for its benchmark. »

Apex Fund Services, a fund administration business, has opened its Luxembourg office. »