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European UCITS funds become success model for U.S. fund managerApr 05 2011 1 Comment
Drew Hayworth is one of three founders of Madison Street Partners LLC, a $380 million long/short equity fund in Denver, Colorado. The firm was launched in 2004 and focuses on a core value investing proposition based on bottom up stock picking both long and short. As a special twist compared to usual long/short value investors, Madison runs about one third of assets in a tactical trading component that thrives on volatility and liquidity.
In this Opalesque.TV Backstage interview, Drew explains the process, significant benefits and also issues around setting up an UCITS fund. For Madison Street Partners, running an UCITS fund has become a success model, it is the "new, big fund structure" globally and the UCITS relevance and size will continue to increase. The firm is registered as an investment adviser with the United States SEC and runs two U.S. domestic funds as well as an offshore fund and a UCITS fund. Its largest client base is in Europe. [less]
Drew Hayworth is one of three founders of Madison Street Partners LLC, a $380 million long/short equity fund in Denver, Colorado. The firm was launched in 2004 and focuses on a core value investing proposition based on bottom up stock picking both long and short. As a special twist compared to usual long/short value investors, Madison runs about one third of assets in a tactical trading component that thrives on volatility and liquidity.
In this Opalesque.TV Backstage interview, Drew explains the process, significant benefits and als ...more |
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