Australian boutique Plato IM enters UCITS market

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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.

More data has been created in the last couple of years than in the entire course of human history. Our proprietary alpha engine dissects this information and helps us achieve our aim of generating positive returns for investors in both bull and bear markets.”

Pinnacle is a leading Australian-based multi-affiliate investment management firm with more than $37bn in AuM across thirteen investment affiliates, including Plato.

David Allen, lead portfolio manager, said: "More data has been created in the last couple of years than in the entire course of human history. Our proprietary alpha engine dissects this information and helps us achieve our aim of generating positive returns for investors in both bull and bear markets."

Nick Keem, director of distribution at Pinnacle Investment Management, added: "Pinnacle is renowned for providing institutional resourcing for boutique asset managers, which allows investment talent - such as Plato - to continue flourishing in an environment free from unnecessary distractions.

"The launch of the UCITS Global Market Neutral Fund is particularly compelling in the current environment, as investors are increasingly seeking new low-beta opportunities."

Founded in 2006, Plato has more than $3.8bn of assets under management. Plato is majority owned by its employees, with the remainder held by Pinnacle.

 

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