Morgan Stanley in partnership with Dalton Investments has launched MS Dalton Asia Pacific UCITS Fund, under its FundLogic Alternatives umbrella.

Morgan Stanley has launched its new fund, the MS Dalton Asia Pacific UCITS Fund, under its FundLogic Alternatives umbrella, which has more than US$1 billion in assets under management.

The new fund provides exposure to Dalton’s Asian equity capabilities and will invest across the Asia Pacific region in a long/short format.

The FundLogic platform, which was launched in 2006, offers investors access to a diversified range of Ucits and non-Ucits funds.

French investment group Longchamp Asset Management will work with Morgan Stanley to distribute the fund in Europe.

Dalton Investments headquartered in Santa Monica was established by James Rosenwald and currently oversees US$2.3 billion across a range of strategies.

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