Reuters – RAB Capital is to launch two new investor-friendly hedge funds with $100 million of seed capital, as the hedge fund firm battles to recover clients it lost during the credit crisis.
The two new “Ucits” funds — Europe-based funds that tend to give clients more information and quicker access to their money than traditional hedge funds — are part of a new suite of funds RAB is launching to capitalise on what it sees as greater demand for more closely regulated products.