Winton Capital Management and Deutsche Bank are reported to be in a process to develop UCITS III compliant version of Winton's flagship Diversified Program.

The DB Platinum IV dbX Systematic Alpha Index Fund is slated for launch on Deutsche Bank's Platinum platform and is associated to the performance of the dbX Systematic Alpha Index.

This index, whose parts are selected and approved by Winton, mirrors exposure to nearly 100 global exchange traded futures, forwards and options markets on commodities, equity indices, bonds, short-term interest rates and currencies.

Winton, posses over $13 billion in assets under management, in addition to boosting a 12-year track record in managed futures. The Winton Diversified Program has posted to have an annualized return of 17.07% from its inception in October 1997 to end May 2010.

The fund's strategy is revealed to highly emphasize on scientific research into financial markets, which is spearheaded by David Harding, the firm's Founder and Managing Director, and backed by the array of veterans in London, Oxford, Cambridge and Hong Kong.

Winton's initiative to offer an UCITS product clearly sheds light on the surging demand among investors for ways to inject money in hedge funds, including regulated and liquid UCITS III funds and managed accounts.