Skyline UCITS Fund Adds 20% In First Year

Sep 4 2012 | 8:24am ET

The Skyline UCITS Fund, an emerging markets long/short strategy on ML Capital’s MontLake UCITS platform, returned 20.5% in its debut year of operations.

The fund, which saw “significant inflows” in the last quarter, now has assets under management of $56 million, according to UK-based Skyline Capital Management.

Skyline CEO Vernon West attributed the fund’s success to stock picking:

“The returns generated reflect a high hit rate rather than reliance on a handful of outsized winners. Building proprietary models on our companies helps create a margin of safety thus contributing to our strong success rate in idea generation,” he said in a statement.

 


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

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

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...

 

From the current issue of