Sat, Oct 1, 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. Opalesque Exclusive: BlackRock taps Artivest for alternative investment platform partnership[more]

    Bailey McCann, Opalesque New York: BlackRock will be working with New York-based Artivest to provide a platform for broader distribution of BlackRock alternatives funds. Artivest is a technology-driven alternative investment platform that also offers brokerage services. BlackRock has approximatel

  2. Eden Rock buys Gottex stake in ERG Asset Management[more]

    Matthias Knab, Opalesque: Eden Rock Group announced the purchase of Gottex’s stake in ERG Asset Management and so the firm is now wholly owned by Eden Rock. The two firms established the joint venture in 2011 to focus on providing cost effective solutions to funds holding illiquid investments, as

  3. "Hedge fund industry needs to shrink"[more]

    Komfie Manalo, Opalesque Asia: Writing for CNBC, Josh Brown, creator of The Reformed Broker blog and financial advisor for Ritholtz We

  4. Strategy - Voyager Management wants to invest in smaller hedge funds[more]

    From Valuewalk.com: Voyager Management, a $475 million fund of funds, is looking to downsize the hedge fund’s in which they invest, looking for smaller funds with assets under management that enable the fund to be nimble. The fund is looking for noncorrelation and will consider long / short equity

  5. Asia - Quant hedge funds are China's hot new export, Europe banks return to Korean brokerage market; target debt, alternative products[more]

    Quant hedge funds are China's hot new export From Bloomberg.com: Add China’s quant shops to the list of hedge funds branching out across Asian markets. Quantitative money managers from the world’s second-largest economy are opening offshore funds at a never-before-seen pace, according to