Sat, Apr 18, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Merchant Capital expands platform with launch of 5 new funds

Wednesday, June 08, 2011
Opalesque Industry Update - Merchant Capital Limited, the financial services division of Merchant House Group plc, is set to launch five new funds on its Dublin-domiciled, UCITS III umbrella structure. Five investment managers from around the world, all specialising in alternative investing, have chosen the Merchant Funds’ platform to launch their first UCITS III-compliant funds.

The new funds, which are due to launch before 1st September 2011, will each have between $25m to $100m of assets under management. The funds will cover a variety of strategies from a US-based Exchange Traded Fund to a Russian Equity Long/Short fund.

The Merchant Funds’ UCITS platform is one of the largest global independent platforms providing investment managers with a seamless and cost-effective vehicle for running their own UCITS III funds, coupled with building a suitable distribution programme. Merchant Capital is also one of the few platforms that employs a pre-trade compliance system due to heightened concerns about funds’ abilities to operate within the UCITS rules.

Merchant Capital Limited, Director of Asset Management, George Cadbury, said: “These new launches reflect the growing popularity of UCITS III compliant products by global investment managers. However, setting up a UCITS III product independently can be an expensive and labour-intensive endeavour and we are seeing more and more interest in our platform solution owing to our reduced costs and quicker time-to-market.”Corporate website: Source
PD

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. Tiger Global falls 2.9% in March, down 5.3% in Q1[more]

    From Reuters.com: Investment firm Tiger Global Management, one of the hedge fund industry's most closely watched players, told clients that its hedge fund lost 5.3 percent during the first quarter, an investor said on Wednesday. Much of the decline came in March when the fund lost 2.9 percent,

  2. It’s not just hedge funds—IMF study finds stability risks from ‘vanilla’ funds[more]

    From MarketWatch.com: Leveraged hedge funds and banklike money-market funds are the parts of the asset-management industry most associated with risks to financial stability. But a report from the International Monetary Fund suggests that “plain-vanilla” mutual funds and exchange-traded funds also ca

  3. Hedge funds gain 2.4% in Q1 driven by currency and commodity markets[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted positive results last March to conclude a strong first quarter, with performance driven by strong macro trends in currency and commodity markets, complemented by broad-based gains and positioning in event driven, equity hedge and fixed income-b

  4. Hedge funds looking to continue their rally in Q2[more]

    Komfie Manalo, Opalesque Asia: Hedge funds finished the first quarter on a strong note and are looking to continue the rally in the second quarter, said Lyxor Asset Management in its Weekly Brief. The Lyxor Hedge Fund Index is up 0.4% over the week

  5. Hedge funds down -0.17% in March (+1.23%YTD)[more]

    Bailey McCann, Opalesque New York: The hedge fund industry produced an aggregate return of –0.17% in March to end Q1 2015 up 1.23%, compared to the S&P 500 which increased 0.96%, according to the latest data from eVestment. Hedge fund performance returns were mixed in March amid increased equity

 

banner