Fri, Dec 2, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Dunn Capital to launch a Ucits III on the MontLake Platform

Monday, May 09, 2011
ML Capital has announced that DUNN Capital, one of the world’s leading commodity trading advisors with a current AUM of over $1B, will soon launch the DUNN WMA UCITS Fund on the MontLake UCITS Platform. WMA (World Monetary and Agriculture) DUNN’s flagship long-term trend-following program, has experienced an annualized return of 14.61% from its inception in 1984.

John Lowry, Chairman of ML Capital said, “We are delighted about this launch. DUNN has by most metrics outperformed the largest Commodity Trading Advisor (“CTA”) firms in the world, and the objective of the MontLake UCITS Platform is to deliver access to leading alternative strategies providers. At present, US based CTAs are in short supply within a UCITS structure and are very strongly demanded as indicated by our recent UCITS Barometer market survey.

Marty Bergin, President of DUNN Capital Management, LLC said “We are pleased to provide the European investment community access to our WMA Program through a UCITS-compliant vehicle. ML Capital, with it’s expertise in fund compliance and distribution, has been invaluable in structuring the DUNN WMA UCITS Fund, and we are delighted to launch the fund on their MontLake UCITS platform.”

UCITS are liquid, transparent and easy to access, and therefore provide an ideal asset allocation tool for investors. The WMA UCITS fund is expected to launch on the 1st of July 2011, subject to regulatory approval.

Source

Press Release
bc

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Europe - UK investors to pay more tax on money in offshore funds, Do you want to hand your money to super-algo or a Swiss banker?[more]

    UK investors to pay more tax on money in offshore funds From FT.com: Hedge funds in Dublin and Luxembourg are set to be hit by new rules that will force UK investors to pay more tax on the money they hold in offshore funds. As part of the government’s Autumn Statement on the country’s fi

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released