Thursday, 23 February 2017
Last updated 11 min ago
May 9 2011 | 9:10am ET
Commodity trader DUNN Capital management, a CTA with $1 billion AUM, will launch a UCITS III version of its flagship world monetary and agriculture fund on the MontLake UCITS platform.
DUNN’s WMA program has generated annualized return of 14.61% from its inception in 1984.
John Lowry, chairman of ML Capital which structured the DUNN UCITS fund said U.S.-based CTAs are in “short supply” within a UCITS structure, and are “very strongly demanded.”
The WMA UCITS fund is expected to launch on July 1, 2011, subject to regulatory approval.