Managers sitting on ML Capital’s MontLake platform are about to gain exposure to hundreds of banking groups across the German and Swiss markets.
Managers sitting on ML Capital’s MontLake platform are about to gain exposure to hundreds of banking groups across the German and Swiss markets. And it’s all down to a distribution agreement that MontLake signed this week with Zurich-based Acolin Fund Services, an independent fund distribution service provider. ML Capital chairman, John Lowry (pictured), said that the market was clearly recognizing the vital importance of distribution which a well placed UCITS platform can deliver, adding that the deal with Acolin would “further enhance our competitive position”. “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,” said Lowry. Added Daniel Haefele, chairman of Acolin: “We at Acolin are very proud of this deal with ML as it provides fund managers participating on the MontLake UCITS platform an excellent route to European distribution. We can now get these funds direct market access within 3-4 weeks.”
