Morgan Stanley (NYSE:MS) Launching New Fun

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Morgan Stanley (NYSE:MS) has launched a new fund under its UCITS Irish umbrella. Morgan Stanley (NYSE:MS) Launching New Fun Partnering with New York based Sandler O’Neill Asset Management (SOAM), Morgan Stanley (NYSE:MS) has launched a new UCITS fund. This new fund will be managed by Sandler O’Neill Asset Management and will offer access to a long/short equity strategy focused on the US financial services industry. David Armstrong, managing director and global head of fund-linked business at Morgan Stanley (NYSE:MS) said, “This new addition to our FundLogic Alternatives Platform is another step towards an increasingly diversified offering. Our partnership with SOAM, an established manager with a long history of impressive returns, goes a long way to meet this healthy demand. This initiative will provide investors with a unique opportunity to participate in a US financial services strategy." Morgan Stanley (NYSE:MS) stocks are currently standing at 26.79. Price History Last Price: 26.79 52 Week Low / High: 22.4 / 32.29 50 Day Moving Average: 28.62 6 Month Price Change %: 3.4% 12 Month Price Change %: -13.3%