Indus, Morgan Stanley To Launch Asia Long/Short Fund

Indus Capital Partners, an Asia-focused hedge fund, has joined forces with Morgan Stanley for the launch of a Ucits III fund. The new Indus PacifiChoice Asia Fund will form part of Morgan Stanley’s Ucits umbrella, FundLogic Alternatives, and will be a long/short strategy investing in the Asia Pacific equity markets.

The fee structure of the ‘early bird share class’ for the fund is a 1.5% management fee and a 20% performance fee. It is the fifth Ucits fund that Morgan Stanley has launched so far, and follows the long/short financials fund, MS Algebris Global Financials Ucits, which launched earlier this month.