Launches & Closures

Milltrust launches ‘best of breed’ emerging markets UCITS platform

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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