Morgan Stanley and Indus Launch UCITS III Fund

Fund launched on Morgan Stanley's FundLogic Alternatives Plc

London —

Morgan Stanley (NYSE: MS) today announced the launch of a new fund under its Ucits Irish umbrella, FundLogic Alternatives. The new fund will be managed by Indus Capital Partners LLC and will offer access to a long/short equity strategy focused on the Asia Pacific region. This is the fifth Ucits fund that Morgan Stanley has launched to date.

David Armstrong, Managing Director and Global Head of Fund Linked business at Morgan Stanley commented, "Asia offers some of the most exciting investment opportunities for a long/short equity strategy. We are very pleased to launch our first long/short Ucits fund specialized in this region with Indus Capital. Indus has one of the longest track record of alpha generation in the Asia Pacific region. This new fund is an important addition to Morgan Stanley's rapidly growing Ucits platform."

Commenting on the launch, Indus Capital said: "Asian markets are inherently inefficient and are therefore an excellent backdrop for long/short strategies. Since we founded Indus in 2000, we have been developing an investment process which we believe can yield positive returns in difficult markets, and strongly positive returns in stock-friendly markets, yielding an attractive return profile over a given cycle. We are delighted to join forces with Morgan Stanley for the launch of our first Ucits fund. We chose Morgan Stanley for the extensive operational and risk management infrastructure the Firm provides through its  platform."

FundLogic is the platform brand name for Morgan Stanley fund solutions launched in 2006. It can offer both Ucits and non-Ucits Funds on a global basis. The platform delivers fund solutions to clients by combining the financial expertise, innovation and resources of Morgan Stanley and offers a range of products including simple Index Funds, Structured Funds and the more recently launched Third Party managers Ucits Funds.

For further information, please email us at fundlogic-ir@morganstanley.com

Fund Details:

Fund Name: Indus PacifiChoice Asia Fund

Umbrella Fund: FundLogic Alternatives Plc

Funds domicile: Ireland

Investment Manager: Indus Capital Parners LLC

Promoter: Morgan Stanley & Co International Plc

Dealing: Weekly dealing

Custodian: Northern Trust Fiduciary Services (Ireland) Limited

Administrator: Northern Trust International Fund Administration Services (Ireland) Ltd

Contact: fundlogic-ir@morganstanley.com

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.  The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,300 offices in 42 countries.  For further information about Morgan Stanley, please visit www.morganstanley.com.

 

THE SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS AT ANY TIME (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933 OR THE U.S. INTERNAL REVENUE CODE).  The Securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or the securities laws of any State in the United States, and may be subject to U.S. tax requirements.  The Securities may not be offered, sold, transferred or delivered without compliance with all applicable securities laws and regulations.

Media Relations Contact: Sebastian Howell, +44.20.7425.5324