Two US managers added to Alceda platform
US fund managers Miller/Howard Investments and Clark Capital Management Group have joined the Alceda Ucits platform.
The platform enables fund and asset managers to structure their investment strategies in a Ucits format, as well as offering managers global access to an established network of distribution partners.
Lowell Miller, president and chief investment officer of Miller/Howard Investments said using the platform would enable his firm to build on the $5.3bn in assets under management, by appealing to a broader set of international investors.
Harry Clark, chairman and CEO of Clark Capital Management Group said his firm’s tactical fixed income approach ought to appeal to Alceda’s users, given the track record of the strategy on behalf of US investors already.
Michael Sanders, chairman of Alceda, said: “We are seeing an increasing demand from the US for Luxembourg-domiciled structuring solutions as US managers look to extend their investor base into Europe, Asia and Latin America, by offering investment solutions in a Ucits format. We are delighted to welcome Miller/Howard and Clark Capital, two well-established and experienced US fund managers, to the Alceda Ucits platform. These new additions are further testament to the growing recognition of our structuring expertise and distribution capabilities.”