‘Black Swan’ hedge fund plans UCITS vehicle

Investment Week – 36 South, the hedge fund whose ‘Black Swan’ vehicle returned 200% in 2008, plans to launch a UCITS version of its long-volatility structure for investors concerned with the current market environment.

36 South CEO and CIO Jerry Haworth said the London-based fund is hoping to launch its first UCITS fund in the third quarter of 2014, in response to what he described as a “burning need” for volatility protection.

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