Malta-headquartered ML Capital Asset Management, who recently launched its Montlake UCITS Platform to primarily support non-EU domiciled fund managers, has rev
Malta-headquartered ML Capital Asset Management, who recently launched its Montlake UCITS Platform to primarily support non-EU domiciled fund managers, has revealed in its latest research study that Global Macro hedgies are the number one choice amongst investors looking at alternative Ucits funds. Using its MLC Alternative Ucits Barometer, the firm is able to survey active investors to ascertain their investment plans. And the figures show quite clearly that classical hedge fund strategies in a Ucits wrapper are in high demand. ML Capital found that 59 per cent of those surveyed (exact number not known) were planning to increase their allocations into global macro discretionary strategies, whilst a rather staggering 97 per cent planned to either maintain or increase their allocations into newcits with a US or global equity l/s focus. Multi-strategy was expected to attract increased inflows from 56 per cent of investors, 53 per cent to merger arbitrage and 44 per cent to CTAs/Managed Futures. “The movement towards investing in alternative UCITS,” said ML Capital Chairman and Founder, John Lowry (pictured), “is demonstrating that this is not just a knee jerk short term reaction but a real trend that has created significant asset raising opportunities for those managers who have spotted the UCITS market potential in this early yet exciting stage.”
