Sat, May 23, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Milltrust adds Singapore's Lion Global Investors to UCITS managed account platform

Thursday, January 31, 2013
Opalesque Industry Update - Milltrust International, the UK and Singapore-based emerging markets platform, has added a Southeast Asia focused fund to its recently launched suite of UCITS IV funds as it aims to build a full emerging markets offering using best of breed regional managers.

The new fund, the Milltrust ASEAN Fund, will be managed by Lion Global Investors, a USD 25.5 billion asset management specialist in Singapore, and part of the OCBC group which also includes OCBC Bank, ranked “the World’s Strongest Bank” by Bloomberg Markets.

The new Dublin-based UCITS fund is offered on Milltrust’s Emerging Markets Managed Accounts (EMMA) Platform, a proprietary, state of the art and conflict-free single custodian infrastructure launched in collaboration with State Street Bank, and designed to provide investors with very high standards of governance, transparency and control for emerging markets investments.

Lion Global Investors has one of the largest and most experienced investment teams in Asia dedicated to asset management, providing the scale and worldwide coverage to stand out as an Asian asset specialist.

The Milltrust ASEAN Fund will be managed by Alan Tan, a senior portfolio manager with the Asian equities team at Lion Global Investors, who has over 19 years of investment experience in the region. Tan will employ an actively managed, high conviction value approach combined with a top-down thematic focus on sectors and stocks that will benefit from the long-term secular economic growth of the region. The mandate also has the flexibility to implement a hedging overlay through cash and index futures to mitigate market volatility.

Gerard Lee, CEO at Lion Global Investors said: “We are very excited at the opportunity to work with Milltrust International Group. Winning this mandate further affirms Lion Global Investors’ position as a leading Asian asset manager and demonstrates our investment capabilities in Asian strategies.”

“Many investors don’t always realize that the Southeast Asian region is the 9th largest economy in the world with a nominal GDP of USD 1.8 trillion, comparable to India despite having half its population. The opportunities in this part of the world are tremendous and it is fast becoming a stand-alone investment destination”, he added.

Simon Hopkins, CEO of Milltrust International Group said: “We are delighted to be teaming up with Lion Global Investors for the launch of the Milltrust ASEAN Fund. We have recognized the firm’s impeccable credentials, and its regional expertise will play a significant role in the success of the strategy.”

"At Milltrust, we have the unique status of serving as a fiduciary to our institutional clients through the managed accounts platform we have established in partnership with State Street, the world's largest custody bank", he added.

"These funds are in every instance advised by the best local asset managers we can identify in the emerging markets world. The strength of Milltrust is our ability to deliver to our clients some of the world's best managers in an easy to use, transparent, cost efficient and secure way".

The Milltrust Funds, which also include Brazil, Latin America, Greater China and India, provide investors with the building blocks to assemble a true global emerging markets equity portfolio without the need for an over-arching fund of funds structure or any additional fees.

Press release

www.milltrust.com

www.lionglobalinvestors.com

Bg

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. Comment - Top hedge fund managers talk about how easy their jobs have gotten, BlackRock to Schroders warn of Argentina’s $20bn bond glut, The 35-year “investment supercycle” is drawing to a close, says Bill Gross, Gundlach: When the Fed starts hiking rates, 'GET OUT' of this asset class[more]

    Top hedge fund managers talk about how easy their jobs have gotten From Businessinsider.com.au: Time was, before the financial crisis hit, corporate boards treated multi-billion dollar hedge fund managers like Jehovah’s Witnesses pounding on their doors and flashing bibles. But no more.

  2. T Rowe's challenge to Dell deal may fuel critics of 'appraisal'[more]

    From Reuters.com: An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could soon face a major courtroom test when a big investor in Dell Inc may argue that it should be paid a higher price for the 2013 acquisition of the PC maker. The strategy, known as "

  3. News Briefs - Ergen says LightSquared plan unfairly favors hedge funds, Why hedge fund managers make good advisory clients, I learned a lot about dad-bros after spending 4 days in Vegas with 2,000 hedge funders[more]

    Ergen says LightSquared plan unfairly favors hedge funds LightSquared Inc.’s bankruptcy plan gives hedge funds that invested in the broadband company a leg up while blocking telecommunications firms from competing with it, a fund owned by Dish Network Corp. Chairman Charles Ergen said in

  4. Opalesque Exclusive: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  5. New market regime has created more dispersion between managers[more]

    Komfie Manalo, Opalesque Asia: The month of April has marked the transition toward a new market regime, Philippe Ferreira, Lyxor AM’s head of research, managed account platform, commented in the May 5's Weekly Briefing. "The first quart

 

banner