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Portland Hill To Launch UCITS Equity Fund

Hedge fund Portland Hill has teamed up with Lyxor asset management to launch a UCITS equity fund.  The mid to long term oriented global fundamental equity strategy has a Pan-European focus and uses a traditional long/short approach with an event driven strategy to allow corporates to be targeted.  The fund is available on Lyxor’s Alternatives UCITS platform and is available in ten countries. It is the 12th fund available on the platform, which now has assets of €2.6bn.  The fund will use Portland Hill’s European geographic and sector expertise to enable a good understanding of upcoming situations, such as mergers, recapitalization, spin-offs, or...