Tue, Apr 24, 2018
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 - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its