Morgan Stanley has launched a new Ucits III portfolio under its Irish umbrella, FundLogic Alternatives. The Ireland-domiciled MS SOAM U.S. Financial Services fund will be managed by New York-based Sandler O’Neill Asset Management (SOAM).
The new portfolio will offer access to a long/short equity strategy focused on the U.S. financial services industry. President and CEO of SOAM, Terry Maltese, will be portfolio manager of the new Ucits fund. Click here for the release from Morgan Stanley.