The Laven group, through its affiliate Laven Financial Services (Luxembourg), has launched a new service which offers in-depth reviews for managers contemplating structuring their strategies as UCITS III funds.

In light of the recent shifts in the asset management industry on both the investor and manager side, and in particular the demand for increased transparency and tougher regulation, managers of offshore funds are increasingly interested in launching onshore operations, particularly in jurisdictions such as Luxembourg and Ireland.

Converting absolute return strategies into UCITS III may be a complicated process, especially for traditional overseas hedge funds. The Laven group can help and perform an in-depth feasibility assessment of the investment strategy and of the types of financial instruments which managers wish to use, in order to assess whether they would fit into a UCITS III vehicle.

Laven group's feasibility assessment allows managers to review:
- The eligibility of the assets traded;
- The strategy’s compliance with applicable laws and regulations; and
- The broad risk management implications of the strategy once it is in a UCITS III format.