Fri, May 6, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Milltrust International to use InfraHedge for Emerging Market managed account platform

Tuesday, August 14, 2012
Opalesque Industry Update - InfraHedge, a managed account infrastructure platform and a subsidiary of State Street Corporation, has announced that it has been chosen by Milltrust International Group for the launch of its Emerging Markets Managed Accounts (EMMA plc) platform, a dedicated emerging markets fund management platform housed within a single custodian relationship.

EMMA plc selects best of breed investment managers in high-growth emerging markets and has been promoted by Milltrust International as a Dublin-based UCITS umbrella fund. The fund has launched with three sub funds managed by Bank Itau, BTG Pactual and Value Partners, focusing on Brazil, Latin America and Greater China respectively. “Milltrust wanted the freedom to work with the managers of their choice and deploy capital through an institutional-standard, UCITS-compliant infrastructure that could handle investments in BRIC markets and provide detailed daily risk analytics,” said Akshaya Bhargava, CEO of InfraHedge.

“The flexibility of our platform infrastructure and our ability to work with multiple fund managers dealing in multiple markets made InfraHedge an ideal fit. We are delighted to have been chosen to help Milltrust create a truly innovative investment platform for their clients.”

“The Milltrust proposition is based on careful selection of high-quality managers operating on the ground in high-growth markets, and is offered to investors though a single-custody managed account infrastructure that meets the rigorous requirements of the UCITS directives,” said Simon Hopkins, CEO of Milltrust International Group.

“Our aim is to offer an alternative to the single manager Global Emerging Markets Funds that today dominate emerging markets investing. We found the integrated nature of the InfraHedge offering compelling as it seamlessly combines custody, fund administration and investor services across multiple accounts within a single platform, providing the strong transparency and governance services that our investors expect from a managed account structure.”

About InfraHedge Ltd.
InfraHedge, a subsidiary of financial services leader State Street Corporation, launched its platform in mid-2011 with an investor-centric business model that allows institutional investors to set up managed account platforms to their own specification and design. By allowing institutional investors to take decisions on manager selection and asset allocation, InfraHedge effectively separates asset management from infrastructure services making its solution highly customisable and cost effective for investors.

InfraHedge services are integrated with administration, custody and other services provided by State Street. InfraHedge is headquartered in UK and authorised and regulated by the FSA.

About Milltrust International Group
Milltrust International Group (Singapore) Pte Ltd. is a group holding company for the group's operating companies, which include Milltrust International LLP, authorised and regulated by the Financial Services Authority of the United Kingdom, and its wholly owned subsidiary Milltrust International (Singapore) Pte Ltd, a company that operates in Singapore under the exemption provisions of the Securities and Futures (Licensing and Conduct of Business) Regulations (Rg 10).

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. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n