Singapore
US-based AllianceBernstein is looking into launching its liquid alternatives strategy here later this year.
This is a hedge fund of funds with daily liquidity, says AllianceBernstein chief executive and head of Asia-Pacific ex-Japan client group Ajai Kaul. The strategy has not yet been introduced outside the US.
"We plan to introduce it in Ucits form... Daily liquidity is an attractive feature," he said. The fund is likely to be pitched at the high net worth market, which is shaping up to...
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