Mergers & Acquisitions / Joint Ventures

InfraHedge chosen for new managed account platform

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Milltrust International Group has picked InfraHedge, a managed account infrastructure platform for its new Emerging Markets Managed Accounts (EMMA) offering.

InfraHedge, a subsidiary of State Street, allows institutional investors to set up managed account platforms to their own specification and design such as deciding on manager selection and asset allocation.

EMMA has been promoted by Milltrust as a Dublin-based UCITS umbrella fund. It has launched with three sub funds managed by Bank Itau, BTG Pactual and Value Partners, focusing on Brazil, Latin America and Greater China respectively.