IQ-EQ, the Luxembourg-based investor services provider, has launched a hybrid funds desk. The new desk will provide the expanding hybrid funds market with a dedicated, globally integrated team with expertise across open-ended and closed-ended fund structures.
Hybrid funds – which provide fund managers with the flexibility to invest in a range of asset classes and combine both illiquid and liquid investment strategies – have become increasingly popular, but the complex and non-standard nature of these funds presents several challenges from an administration perspective due to each fund’s unique multi-asset structure and complex fee calculations. IQ-EQ’s hybrid funds desk aims to address these challenges.