Macquarie offers third externally managed fund
London-based managed futures adviser Winton Capital has become the third manager to be added to a series of exclusive retail distribution deals with external managers by Macquarie Bank.
The Macquarie Professional Series, which has already signed up Morgan Stanley and Scottish-based manager Walter Scott, was launched early in March as a division independent of Macquarie’s in-house funds management business.
Macquarie advisers services division director Peter Shepherd said in March the bank planned to sign eight to 10 external managers in total as part of the Professional Series
As part of the most recent deal with Winton, a new fund will be offered to Australian retail investors.
The Macquarie Winton Global Opportunities Trust exposes investors to over 100 global markets, including commodities, equities, currencies and fixed interest.
Wilton is a quantitative manager and the fund is capital protected.
The minimum investment is $5,000.
In March, Macquarie flagged that two boutique Australian fund managers would be signed to the Professional Series within the year.
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