Launches & Closures

Milltrust offers more emerging market UCITS funds


Singapore-headquartered emerging markets specialist Milltrust International has launched a range of Dublin-based UCITS funds and is looking to offer several more in September.

The first three of those funds, based on the Greater China, Brazil and Latin America markets, were launched in June and will be followed in September with the launch of the Milltrust India and Milltrust ASEAN Funds, with the former to be managed by UTI Asset Management Company (UTI), the oldest asset manager in India.

Eric Anderson, managing partner of London affiliate Milltrust International LLP, which advised the group, says the partner for the ASEAN