ML Capital Launching 2 New UCITS Funds On MontLake Platform

Feb 2 2012 | 1:43pm ET

Malta-based ML Capital will launch two new funds on its MontLake UCITS platform this quarter: the Goldwinds Global Macro UCITS Fund and the RP Systematic Emerging Market UCITS Fund. 

The global macro fund is scheduled to start trading February 13, 2012 while the systematic emerging markets fund, which is still awaiting regulatory approval, should start operations on March 1. The two launches will bring the MontLake UCITS platform AUM to over $100 million.

The first fund will be managed by Goldwinds Asset Management. Giovanni Pennetta, formerly of UBS and Merrill Lynch, now head of Goldwinds, and Camilla West, the former director of Unifortune Investment management, will co-manage the portfolio. The fund will deploy a discretionary global macro strategy which ML says has annualized 16.65% since inception in 2007.

The second fund will be managed by RP Capital UK, with Apostolos Avlonitis and Constantinos Giachalis responsible for managing the day-to-day portfolio. Avlonitis and Giachalis have been managing the strategy since 2006 at RP Capital. The fund will use macro systematic models focusing on the EMEA region and offer emerging markets exposure “with limited volatility and drawdown,” according to ML Capital’s press release. The firm says the strategy has annualized net returns of 8.7% since inception in 2006.

Cyril Delamare, CEO of ML Capital, said, in a statement: “The two new launches demonstrate ML Capital’s continued commitment to deliver products that investors are demanding today.”

ML Capital is headquartered in Malta and has offices in London and Geneva.


In Depth

Whisky Business: The Ultimate Liquid Alternative Investment

Sep 15 2014 | 7:02am ET

David Robertson knows his single-malt whisky—he was the Master Distiller at the...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

In search of the ‘new normal’ at the Fed

The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.