Business plan is to launch up to 25 best of breed funds – keeping numbers on the platform under control so as not to compromise on quality
Most of the managers waiting to go onto the Merrill Lynch Investment Solutions' UCITS platform are US-based, according to its head, Miriam Muller.
The Luxembourg-domiciled platform launched in 2007 and its first sub-fund was the Marshall Wace TOPS Market Neutral UCITS Fund.
There are seven live funds on the platform and another 12 unnamed confirmed mandates waiting for regulatory approval. They cover a range of strategies like US, European and China long/short equity, event driven, foreign exchange, multi-strategy, commodity trading advisors and merger arbitrage.
London-based Muller says its business plan is to launch