Launches & Closures

ML gears up to add systematic emerging market vehicle


ML Capital has unveiled one of its newest funds to be launched onto its UCITS platform.  

The RP Systematic Emerging Market UCITS Fund will launch with $15 million of assets on 1 March this year on ML Capital’s MontLake UCITS platform.

It will be sub-advised by portfolio manager Apostolos Avlonitis from London-based hedge fund group RP Capital.

Avlonitis says of the systematic trading strategy that focuses on Eastern Europe, the Middle East and Africa regions: “The UCITS-compliant fund uses the systematic element of the RP Capital Emerging Markets Fund. The highly liquid strategy uses a model-based investing [process] in equities, foreign