Millburn Ridgefield Corporation’s CTA UCITS strategy, which is on the Deutsche Bank platform, has moved to daily dealing.
This is not completely new for Millburn as it already has the potential for daily liquidity in its managed accounts and US mutual fund products which it sub-advises, according to executive vice-president Barry Goodman.
The DB Platinum IV dbX Millburn Multi-Markets Index Fund recently marked its one year anniversary. It has attracted $108 million in assets since inception and was originally launched with a weekly liquidity.
Goodman explains: “The UCITS fund officially made the move from weekly to daily dealing in the