Prescient Global Funds ICAV surpasses USD1bn in AUM

Prescient Fund Services' flagship UCITS fund platform, the Prescient Global Funds ICAV, has surpassed USD1 billion for the first time, with six new investment managers onboarded and 14 new funds launched during the course of 2019.

The UCITS fund platform now supports 15 investment managers and 30 sub-funds, with strategies including global equities, sector-specific and thematic equities, fixed income, fund of funds, fund of ETFs, emerging markets, China-focused, and Environmental, Social & Governance (ESG).

The Prescient Global Funds ICAV is one of four Irish regulated fund platforms managed by Prescient in Dublin, together with a second, institutionally-focused UCITS fund platform, an AIFMD-compliant Qualified Investor Alternative Investment Fund (QIAIF) platform and an AIFMD-compliant Common Contractual Fund (CCF) platform, which is designed for pension funds and other tax-exempt institutional investors.

Rob Childs, Head of International at Prescient Fund Services, says: “Prescient’s ability to package Irish regulated UCITS Management Company and Fund Administration services into a cost-effective and operationally-efficient turnkey solution, continues to generate positive interest from both established and emerging managers around the world. We enter 2020 with additional new fund launches in the pipeline from investment managers that have chosen to work with us as they explore the opportunities for distributing funds across Europe and further afield, using the successful UCITS wrapper.”