Tue, Oct 17, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers April 2012

Q&A
An investment manager describes his UCITS-compliant funds platform

The comforts of a UCITS platform

The Dublin-regulated MontLake UCITS Platform was launched by ML Capital, a European fund distribution firm, in October 2010. It currently contains seven funds:

  • Pegasus UCITS Fund (UK L/S Equity); which returned 4.25% YTD (est., to end-March)
  • Skyline UCITS Fund (Global EM L/S Equity) ; 10.59% YTD (est.)
  • Dunn WMA UCITS Fund (CTA/Managed Futures); -12.70% YTD (est.)
  • Goldwinds Global Macro UCITS Fund (Discretionary Global Macro)
  • RP Systematic Emerging Markets UCITS Fund (Systematic EM Macro); 0.34% YTD (est.)
  • Wanger US Smaller Companies UCITS Fund (US Small Cap, Long Only)
  • MontLake Wanger European Smaller Companies UCITS Fund (European Small Cap, Long Only)

This is a platform, like many like it, that lets the fund managers focus on the running of their fund, while it gets busy with the multitude of tasks that must be met for a fund to be sustainable. Like a supermarket does with the products that it sells.

So while managers stay busy doing what they do best; investors can sift through them (with ease, as there is good transparency) and chose what fund (UCITS fund, a safer structure) would be most suitable for their own portfolio. What is there not to like about being on or investing through a platform.

Opalesque asked Cyril Delamare, one of ML Capital's managing partners, to explain how it really works.

Cyril Delamare

Opalesque: why did ML Capital decide to start a platform? Why UCITS rather than other fund structures?

Cyril Delamare: We set up ML to bring hedg......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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. Regulatory - David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge, Carried interest tax: How much does it matter?, Odey sees 'terrifying' mix in MiFID, tapering, asset values, Hedge funds come together to share cost of MiFID and research, SEC turns up the heat on U.S. investment advisers, India's Sebi asks hedge funds to report investments in commodity derivatives[more]

    David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge From CNBC.com: David Stockman is warning about the Trump administration's tax overhaul plan, Federal Reserve policy, saying they could play into a severe stock market sell-off. Stockman, the R

  2. North America - Puerto Rico rejects loan offers, accusing hedge funds of trying to profit off hurricanes[more]

    From TheIintercept.com: Puerto Rico has rejected a bondholder group's offer to issue the territory additional debt as a response to the devastation of Hurricane Maria. Officials with Puerto Rico's Fiscal Agency and Financial Advisory Authority said the offer was "not viable" and would harm the islan

  3. Investing - WPP targeted by short-selling American hedge fund, Sun co-founder sells secretive hedge fund on big chip trade[more]

    WPP targeted by short-selling American hedge fund From Cityam.com: An American hedge fund has mounted a bet against WPP, the world's largest advertising group, with a trade worth almost £90m. Lone Pine Capital has built a short position worth 0.51 per cent of the FTSE 100 company,

  4. Hedge funds up as industry adjusts to rising rates[more]

    Komfie Manalo, Opalesque Asia: Hedge funds have reshuffled their portfolio after nearly four weeks of rising rates as the Lyxor Hedge Fund Index was up +0.2% from 19 September to 26 (+1.1% YTD), fuelled by strong results of global macro funds, Lyxor Ass

  5. Manager Profile - How the world's hedge fund king used 'idea meritocracy' to become a billionaire[more]

    From Forbes.com: In 1982, Ray Dalio made what he calls the biggest mistake of his life. He made a bet that there would be an economic collapse stemming from a debt crisis. And he was wrong. He lost money. He lost his client's money. He had to let people go from his firm and borrow money from his dad