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Laxman Pai, Opalesque Asia for A Square: London-based asset manager Trium Capital is to launch a long-short credit UCITS fund with seeding from credit expert Ellington Global Asset Management.
The Ellington Trium Alternative Credit UCITS is set to be launched this quarter, said a press release from the independent specialist alternative asset manager.
The new Ellington Trium Alternative Credit UCITS Fund strategy will leverage Ellington's expertise in RMBS, CMBS, CLOs and corporate credit relative value strategies. Ellington's deep trading experience and proprietary models allow the group to seek to capture value in assets overlooked by other managers.
The release quoted Michael Vranos, Founder and Chief Executive Officer of Ellington, as saying: "We believe persistent supply and demand disparities, coupled with rich alpha opportunities from our unique research and security selection process, provide an attractive foundation for generating uncorrelated returns for our Alternative Credit UCITS Fund clients."
Andrew Collins, head of Trium UCITS, added, "Trium UCITS continues to partner with top investment talent, such as Ellington, by using our best-in-class operational infrastructure. We are pleased to be able to offer UCITS investors access to this much sought-after strategy."
Founded in 1994, Ellington has experience managing portfolios for multiple UCITS, specifically acting as a sub-manager for a credit long/short mandate within a large multi...................... To view our full article Click here
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