Another top CTA launches absolute return UCITS fund, starting with $100m

Tue Jun 7, 2011

Connecticut-based hedge fund manager Millburn Ridgefield Corporation has announced launch assets of $100 million for its UCITS debut.

DB Platinum IV dbX Millburn Multi-Markets Index Fund, which launched earlier this month, is the latest major managed futures firm to launch a fund using the UCITS framework.

Barry Goodman: Millburn Ridgefield Corporation

The new fund is designed to closely track the asset manager’s existing Multi-Markets trading programme, which has a six-year track record and an annualised return of more than 12%....

ISSN: 2151-1845 / CDC10004H

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