Warrington Asset Management Strategic UCITS Fund launches on the MontLake UCITS Platform ICAV
London, 31st January 2019 – Warrington Asset Management (“Warrington”) and ML Capital are pleased to announce the launch of the Warrington Strategic UCITS Fund on the MontLake UCITS Platform.
The Warrington Strategic UCITS Fund seeks to generate attractive absolute returns, non-correlated to traditional equity and bond markets, by investing in a portfolio of options on the highly liquid S&P 500 futures market. Warrington employs both technical and fundamental analysis to determine certain potential trading ranges for the S&P 500. Warrington then deploys a portfolio of options spreads, both long and short, on S&P 500 futures. Given the liquid nature of the S&P 500 options on futures market, Warrington is able to offer this UCITS product with daily liquidity.
The fund will be led and managed by the CIO, Scott Kimple, who founded Warrington in 1997. Mr. Kimple has over 30 years of institutional investment experience and a proven track record of generating significant profits for investors in up, down and sideways markets. Assistant Portfolio Manager Mark Adams, who has been with Warrington for 17 years, will assist Mr. Kimple in managing the strategy.
Cyril Delamare, CEO of ML Capital commented:
“We are excited to be partnering with Warrington on the launch of their UCITS fund. The fund has a unique return profile and compliments our wide array of product offerings. Warrington’s long history and track record of providing uncorrelated returns is something we are very pleased to offer to our investors.”
Scott Kimple, CIO and Founder of Warrington commented:
“We are pleased to enter into the UCITS space in partnership with ML Capital to launch the Warrington Strategic UCITS Fund. Having managed the strategy for the last 21 years, we are delighted to provide the European investor community greater access to our option strategy that has been delivered consistent and non-correlated returns and we very much look forward to our venture here.”
About Warrington Asset Management
Warrington Asset Management is an alternative asset manager founded by Scott C. Kimple in 1997. This alternative investment strategy focuses on trading options on S&P Index Futures, primarily using spreads, and has a 20+ year track record delivering consistent, non-correlated returns with a strong focus on risk management. Prior to January of 2015, Warrington was an independent but affiliated group within Morgan Stanley (and predecessor firms) and only available to their customers. Warrington is registered with the CFTC as a CPO and CTA and is a member of the NFA.
About Anchor Asset Management, Warrington’s Strategic Marketing Partner
Anchor Asset Management in London is FCA regulated has been an alternative asset fund marketing representative since 1993. AAM contact details are Basil@anchoram.com, +44 207 493-4033
About ML Capital
ML Capital is a forward looking leading independent fund structuring and 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. As at September 30th, 2018, group AUM stands at $7 billion.
ML Capital handles all aspects of the fund structuring and launch on investment managers' behalf. Through our dedicated network we also offer fund sales and distribution, if required, and have 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 all incoming investors and partners come in with the full knowledge that they are investing into structures that are designed to protect and preserve investor interest.
MLC Management Ltd acts as third party management company for UCITS and AIFMD funds. Offering better compliance, oversight and management facilities than self-managed structures, the management company is the future of fund structuring; as the industry responds to the desire of investors and regulators for greater substance, we believe management companies will become the structure of choice for new funds, as others move away from self-managed fund structures.