Joy Dunbar, editor of Absolute UCITS, speaks with John Lowry, chairman and co-founder of ML Capital, about the opportunities and challenges for the UCITS hedge fund business. Lowry discusses the opportunities for US-based managers, why he set up ML Capital, the threats from the long-only asset managers and investors.
Some of the biggest opportunities for UCITS hedge funds are from US-based managers, according to John Lowry from ML Capital.
Three-quarters of hedge fund managers are US-based and that will create some of the biggest opportunities for UCITS growth, according to Lowry, chairman and co-founder of ML Capital.
John Lowry from ML Capital.
ML Capital, which acts as investment manager and promoter of the MontLake UCITS platform, which launched its first fund on the platform, Clareville Capital’s Pegasus UCITS Fund run by David Yarrow, in October last year.
He says: “A year ago many US-based managers were