O'Reilly logo

Reconsidering Funds of Hedge Funds by Greg N. Gregoriou

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 3

The Limits of UCITS for Funds of Hedge Funds

Jeannine Daniel and François-Serge Lhabitant, Kedge Capital (UK) Ltd, London, UK, Kedge Capital Fund Management, St Helier, Jersey

Chapter Outline

3.1. Introduction

3.2. The UCITS Industry

3.3. Challenges for a UCITS FoHFs Manager

3.3.1. Gaining Exposure

3.3.2. Lack of Depth of the Investment Universe

3.3.3. Geographic Bias

3.3.4. Manager Self-Selection Bias

3.3.5. Size and Operational Efficiency

3.4. Performances

Conclusion

Acknowledgments

References

Recommended Reading

3.1 Introduction

‘Undertakings for Collective Investments in Transferable Securities’ (UCITS) are a set of European Directives targeting pooled investment schemes – otherwise known as investment funds. Their primary ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required