UK Hedgie Hopkins Launches Emerging Markets Platform

Aug 4 2011 | 8:05am ET

Simon Hopkins, founder of UK-based hedge fund investor Fortune Asset Management, has a new venture: a Singapore-based emerging markets investment platform.

The Milltrust International Group will focus on Asia, Africa and Latin America and is poised to launch a range of institutionally-focused, managed accounts-based funds, drawing on the expertise of established local asset managers. The group will also focus on developing world private equity.

"Our research shows that international investors are looking for locally-based asset management talent as they increase their holdings in the parts of the world that will offer the best growth prospects over the next decade", said Hopkins."Western institutions are still woefully underinvested in emerging markets" he said."This is against a backdrop of low growth and fiscal deficits in the West which will last a generation.”

Hopkins, who sold Fortune Asset Management to Close Brothers in 2006, has assembled a team that includes Louis-Armand de Rougé, former CEO of France’s Richcourt Fund Advisors; and Mark Ebert, former chairman of Fortune Group. The advisory board includes David Suratgar, chairman of BMCE Bank International; Robert Sargent, former CEO and long-term veteran of Morgan Stanley Asset Management International; and Singapore-based Christopher Chong, founder of ACH Investments.

Milltrust has also acquired the UK-based investment advisory firm Think Alternative Advisors, run by Alexander Kalis and Eric Anderson, both of whom will continue to work with the new owners.

Milltrust says it will announce its partner firms in India, China and Latin America in the coming months. The managed account platform is supported by InfraHedge and State Street, and seed capital is being made available by a regional asset consultant.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Often seen as a passion project, or part of a philanthropic venture, rare and fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment.