No conclusive evidence that less regulated funds outperform Ucits funds
A working paper on Ucits regulation has found no conclusive evidence that less regulated hedge funds outperform alternative Ucits funds on a risk adjusted basis, even though they find some cross-sectional evidence.
Discretionary Fund Managers are increasingly putting Fund of Funds of UCIS together for IFAs within their propositions, says boutique asset manager, Connaught Asset Management.