U.K. Fund Plans Structured Credit Debut

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U.K. Fund Plans Structured Credit Debut

Cardinal Asset Management, a London- and Dublin-based fund manager, is looking to launch a structured credit fund in the next few months.

Cardinal Asset Management, a London- and Dublin-based fund manager, is looking to launch a structured credit fund in the next few months. Tim Peach, responsible for marketing and distribution at Cardinal, explained the new launch is part of a marketing push to expand the fund manager's reach in Europe, the Middle East and Asia. The firm also expects to launch two funds of funds and another single-manager hedge fund in coming months. The new funds could raise up to USD700 million by the end of the year, according to Peach.

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