Newedge has been appointed as swap counterparty to two new Nuveen Global Investors Fund UCITS funds.
The Irish-domiciled, UCITS IV-compliant funds are managed by Gresham Investment Management.
We are excited about working with a manager of Greshams pedigree and experience in this space, says Andrew Dollery, director of Origination & Structuring for UCITS funds at Newedge. Nuveens decision to bring one of the leading U.S. commodity managers into UCITS is further validation of the important role regulated onshore investment products now play in the alternative investment community.
David Levi, managing director for Global Business Development at Nuveen Investments, adds: “We are delighted to partner with Newedge as the swap counterparty to these funds as their expertise helps facilitate our ability to offer investors exposure to Greshams Tangible Asset Program in a UCITS-compliant format. We believe the products provide important diversification benefits to many traditional investor portfolios outside of the United States.Newedge offers comprehensive synthetic prime brokerage and clearing solutions for regulated investment products and caters specifically for the needs of liquid systematic investment strategies.
(CG)