UCITS Platform MontLake Strikes Deal With Acolin Fund Services

Nov 21 2011 | 1:23pm ET

ML Capital’s UCITS platform MontLake has inked a distribution agreement with Acolin Fund Services of Zurich.

The deal will provide managers on the MontLake platform access to several hundred banking groups across the German and Swiss marketplaces.
 
Said John Lowry, chairman of ML Capital, in a statement: “The market is clearly recognizing the vital importance of distribution which a well placed UCITS platform can deliver. This deal with Acolin will further enhance our competitive position as these distribution deals can often take a year or more to structure. We are currently also in discussions with a number of distribution partners and private banking groups in Latin America and Asia, which are experiencing significant demand for alternative UCITS products“.
 
ML Capital says MontLake is on target to exceed $500 million AUM by the end of Q2 2012.
 
 


In Depth

Q&A: MackeyRMS's Chris Mackey On A High Tech Fix To Broker Votes

Jun 23 2017 | 8:17pm ET

The looming implementation of the EU’s MiFID II rules regarding research has put...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of