Designed to give investors easier access to hedge fund expertise
Schroders, a global asset management company, is planning to launch a new fund platform, Schroder GAIA (Global Alternative Investor Access), a regulated, transparently operated platform for UCITS funds.
The platform is expected to bring together the traditional and alternative investment services: Schroders’ global distribution network and management in managing UCITS products and NewFinance Capital’s knowledge and experience of the hedge fund industry.
According to the company, the first fund to be launched through Schroder GAIA is Schroder GAIA Egerton European Equity, managed by Egerton Capital, an independent money management firm, focusing primarily on pan-European equities.
Gavin Ralston, global head of product at Schroders, said: “With the launch of Schroder GAIA, our ambition is to establish ourselves as a market-leading provider of quality hedge funds – accessed through UCITS products. Through Schroder GAIA, we will be able to offer investors a product that combines the return profile of hedge fund strategies with the liquidity, transparency and regulatory stability of UCITS.”
Eric Bertrand of NewFinanceCapital, said: “The team at NewFinance Capital will be responsible for manager selection, screening the industry for potential partners, using their extensive network of industry contacts and in-depth knowledge of the industry to identify the most suitable candidates. Once a manager has been added, NewFinance Capital and Schroders will work together to monitor them – Schroders from an operational point of view, and NFC from an investment perspective.”