26 Sep 2013 ... Patrick Riviere, Managing Director of La Française, commented: “La Française
AM is a pioneer in terms of alternative investments. Ten years ...
Contact: Media Relations Larissa Haida +44 20 7425 5224
For Immediate Release
Morgan Stanley partners with Longchamp Asset Management and La Française AM Partnership will provide distribution, selection and seeding opportunities
London, Thursday September 26th, 2013 – Morgan Stanley (NYSE/MS) today announced its partnership with Longchamp Asset Management (“Longchamp”), a French-based asset manager, specialising in the distribution of UCITS Hedge Funds, and La Française AM, a multispecialist asset manager with a ten year track record in alternative investments. Through this collaboration, Morgan Stanley, Longchamp and La Française AM are leveraging their respective expertise to provide investors with access to new alternative UCITS Sub-Funds, through a joint selection and seeding arrangement with La Française AM. Currently, three funds have already been jointly selected and seeded by La Française AM under this partnership: the MS Turner Spectrum UCITS Fund, the MS Dalton Asia Pacific UCITS Fund and the MS TCW Unconstrained Plus Bond Fund. “Our collaboration with Longchamp and La Française AM is an exciting venture for our Funds business. It provides us with the opportunity to expand our product range and offer investors access to a diverse range of strategies”, Stephane Berthet, Head of FundLogic Alternatives at Morgan Stanley, commented. “We are looking forward to this unique partnership and the benefits it can ultimately offer to our investors.” David Armstrong, President and Founder of Longchamp, added: “This venture with Morgan Stanley and La Française AM is an exciting opportunity. Morgan Stanley is the market leader in the UCITS alternatives space, with an unparalleled platform offering a diverse range of strategies, strong risk management and robust infrastructure.” Patrick Riviere, Managing Director of La Française, commented: “La Française AM is a pioneer in terms of alternative investments. Ten years ago, we launched Alteram, a successful asset management
company specialised in funds of hedge funds. Today we continue to believe in alternative investments as a perfect solution for investors as long as you can provide them with transparency, liquidity, and an attractive pricing. It’s exactly the aim of this partnership where La Française, alongside Morgan Stanley, is part of a seeding program. Within this strategic partnership La Française will be able to effectively leverage its competence and offer a new generation of alternative investments to its clients.”
FundLogic is the brand name for Morgan Stanley’s fund solutions platform launched in 2006. It offers both UCITS and non-UCITS funds. FundLogic, being part of Morgan Stanley’s Multi Asset Platform, delivers fund solutions to clients by combining the financial expertise, innovation and resources of Morgan Stanley, and offers a range of products including passive index funds, structured funds and the third party manager-UCITS funds.
For further information, please email us at
[email protected].
Platform Details: Platform Name:
FundLogic
Umbrella Fund:
FundLogic Alternatives Plc
Fund Domicile:
Ireland
Number of Funds:
20
AUM
$1.6bn (as of Sep-13)
Custodian:
Northern Trust Fiduciary Services (Ireland) Limited
Administrator:
Northern Trust International Fund Administration Services (Ireland) Ltd
Contact:
[email protected]
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,200 offices in 43 countries. For further information about Morgan Stanley, please visit www.morganstanley.com. ###
Applications for shares in any sub-fund of the FundLogic Alternatives plc (the “Fund”) should not be made without first consulting the relevant Fund’s current Prospectus, Supplement, Key Investor Information Document, Annual Report and Semi-Annual Report (“Offering Documents”), or other documents available in your local jurisdiction which are available free of charge from Morgan Stanley & Co International plc. Past performance is not necessarily indicative of future results.
THE SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS AT ANY TIME (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933 OR THE U.S. INTERNAL REVENUE CODE). The Securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or the securities laws of any State in the United States, and may be subject to U.S. tax requirements. The Securities may not be offered, sold, transferred or delivered without compliance with all applicable securities laws and regulations.