Morgan Stanley has included three U.S. hedge fund managers to its Ucits platform, Hedge Funds Review Magazine reports. Ascend Capital, Cohen and Steers, Sandler and O’Neill Asset Management will be added to FundLogic Alternatives. The Cohen and Steers Ucits fund and the Cohen and Steers Global L/S Real Estate is expected to join the platform by the end of this month. The platform, which presently has around $1.4 billion of assets under management (AUM), aims to increase to $2 billion in AUM by adding 14 new funds by next year.
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