Milltrust International Group has launched a range of UCITS-compliant emerging markets funds.
Singapore-based Milltrust's first range of funds is Dublin-based UCITS, enabling them to be distributed across Europe. The funds are advised by its London-based affiliate Milltrust International.
Eric Anderson, managing partner of the London affiliate, says: "UCITS regulations offer a belt and braces regulatory framework that then permits the funds to be sold across Europe but also in a numerous other countries including Hong Kong and South Africa.”
With the lion's share of institutional fund flows still limited to a small group of big US fund managers Milltrust hopes to