SWITZERLAND - Swiss-based multi managers EIM has launched the Access to Asset Allocation International Fund (AAA International) - a UCITS1 umbrella fund, which is targeted at institutional and high net investors.
AAA International is a multi-manager long-only fund managed by EIM, which specialises in the identification of long-only and hedge fund managers globally and the construction and management of tailor-made multi-manager portfolios.
The fund is regulated by the Central Bank of Ireland and is in the process of being registered elsewhere in Europe.
AAA International’s first subfund is the Europe Multi Fund (EMF). EMF will initially offer two classes of shares: Europe Multi Class, now listed on the Irish Stock Exchange, and Europe Multi Dynamic Hedged Class.
By Madhu Kalia
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