ML Capital expands offering to include the Catalyst Global Real Estate UCITS Fund
DUBLIN, December 1st 2014 - On October 17th, 2014, the Catalyst Global Real Estate Fund was launched as an Irish domiciled UCITS, with ML Capital Asset Management Ltd acting as Investment Manager and Promoter. ML Capital was engaged by Catalyst Fund Managers to lead the re-domiciliation on what was a Guernsey domiciled PCC following strong investor demands for a UCITS offering. The fund was initially launched in September 2008, and “ranks 1st in its peer group since inception” by Morningstar.
Established in South Africa in 2001, Catalyst Fund Managers, now manages in excess of USD1bln in specialist listed real estate portfolios. The investment team led by Andre Stadler and Jamie Boyes have collectively over 65 years’ experience in the sector with institutions such as Investec and Old Mutual.
Speaking on the new partnership, Jamie Boyes of Catalyst commented: “The benefits that UCITS delivers are being better understood by investors and there are very exciting times ahead for the fund.”
Cyril Delamare, CEO and co-founder of ML Capital stated: “We are delighted that Catalyst have chosen to partner with us for their fund’s relocation to Ireland and conversion to UCITS. The fund’s real estate focus enhances and diversifies the ML Capital offering, and the Catalyst reputation and track record speaks for itself. This is already a top performer in both the short and long term, with a stable return pattern proving to be a strong product with investors, and we expect growth to continue.”
The Catalyst Global Real Estate UCITS Fund with assets under management of USD290mln will invest at least 75% of its NAV in global listed equities of issuers operating in the real estate sector. It will be a medium volatility portfolio, benchmarked against the UBS Global Real Estate Investors Index, with a medium to long term investment horizon, and a focus on investments with attractive risk/reward profiles.
About ML Capital
ML Capital is a forward looking and leading independent investment management firm specialising in European regulated fund structures. As an award winning platform provider, we partner with the very best of investment managers to bring to market the latest most appropriate fund structures to comply with the raft of incoming regulatory requirements, whilst meeting the ever increasing expectations of investors.
ML Capital handles every aspect of the fund structuring and launch on our investment managers' behalf. We offer fund sales and distribution through our dedicated network, which has had comprehensive coverage of investors in all key European markets for the past 20 years.
Our goal is to provide the most appropriate fund structures to maximise distribution opportunities across all key markets. Our solutions bring together market leading service providers with some of the very best minds in the regulated fund space; providing well managed European investment products with the highest levels of service and governance. We ensure that all incoming investors and partners join with the full knowledge that they are investing into structures that are designed to protect and preserve investor interest.