Merrill platform attracts interest from US managers

Tue Sep 21, 2010



Business plan is to launch up to 25 best of breed funds – keeping numbers on the platform under control so as not to compromise on quality


Most of the managers waiting to go onto the Merrill Lynch Investment Solutions' UCITS platform are US-based, according to its head, Miriam Muller. 


Miriam Muller


The Luxembourg-domiciled platform launched in 2007 and its first sub-fund was the Marshall Wace TOPS Market Neutral UCITS Fund.

There are seven live funds on the platform and another 12 unnamed confirmed mandates waiting for regulatory approval. They cover a range of strategies like US, European and China long/short equity, event driven, foreign exchange, multi-strategy, commodity trading advisors and merger arbitrage.

London-based Muller says its business plan is to launch up to 25 best of breed funds and it does not want an unduly large number of funds on the platform because it will not compromise on quality.

She says: "We are targeting best of breed managers and many of the long established and well regarded hedge fund managers are in the US. ...

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