Australian boutique Plato IM enters UCITS market

Plato Investment Management, a Sydney-based specialist asset manager, has made its first move into the UCITS space with the launch of the Plato Global Market Neutral Fund. The fund aims for returns of at least 10% per annum with zero correlation to equity markets. The Plato Global Market Neutral Fund is the third sub-fund of the Pinnacle ICAV, a Dublin-based UCITS umbrella distributed by Pinnacle Investment Management. Pinnacle is a leading Australian-based multi-affiliate investment management firm with more than $37bn in AuM across thirteen investment affiliates, including Plato...