Tuesday, 23 August 2016
Last updated 6 min ago
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.