Wed, Aug 20, 2014
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. Investing – Hedge funds feasting on Apple again, Top U.S. hedge funds up Walgreen shares; lose some taste for Apple, A look at how some of the top investors, hedge funds spent the second quarter, Blockbuster movies fuel big wins for hedge fund investors, Top hedge funds flock into Allergan amid bid backed by Ackman, Soros Fund Management exits stake in some tech companies, Jana buys FMC stake, adds to AIG, exits Sirius in quarter[more]

    Hedge funds feasting on Apple again From Forbes.com: Robert Citrone and Phillippe Laffont are two of the most prominent Tiger Cubs, hedge fund managers who once worked for legendary money man Julian Robertson’s Tiger Management. Both of them had a rough start to 2014 and sold the bulk of

  2. Legal – Pershing Square sues U.S. over Fannie Mae and Freddie Mac, Elan investors sue SAC over insider-trading losses, Lawsuit loss by hedge fund is just a cost of doing business[more]

    Pershing Square sues U.S. over Fannie Mae and Freddie Mac From WSJ.com: William Ackman's Pershing Square Capital Management LP, which has taken sizable stakes in the common shares of Fannie Mae and Freddie Mac, filed a lawsuit Thursday against the U.S. government challenging its bailout

  3. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  4. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  5. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde