Cairn sets up UCITS credit fund with Mediobanca

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By Jasper Cox
03 Jun 2019

Cairn Capital will be able to distribute its multi-asset credit offering more widely, through the establishment of a joint UCITS (undertakings for collective investment in transferable securities) fund with its owner Mediobanca.

The fund is called Strata UCITS and will invest across financials, corporates, ABS and special opportunities.

The fund will be hosted on Mediobanca’s fund platform, Palladium FCP, which is supposed to make it more easily available to the Italian lender’s distribution channels as well as to other platforms ...

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