Martin Currie selects Kinetic Partners for UCITS fund hosting and management
Martin Currie Global Funds has selected Kinetic Partners to provide management services to its UCITS funds based in Luxembourg.
Kinetic Partners will provide third party services management and hosting using its Management Company platform (MANCO) in Luxembourg.
Launched in March 2013, Kinetic Partners’ MANCO serves clients with funds amounting to more than EUR1.2bn. Providing fund operations management services for third party UCITS funds, the platform ensures adequate risk oversight is in place, in addition to maintaining corporate governance and compliance of fund structures in line with local and international laws and best practices.
Julian Korek (pictured), chief executive of Kinetic Partners, says: “We are extremely pleased to add Martin Currie to our third party management company platform and look forward to working closely with them going forward. Our MANCO offering was developed to meet the needs of the ever changing financial services marketplace and it is a testament to quality of this service that we continue to attract such high profile clients and hope to add further clients in the near future.”
Zvi Hoffman, chairman, Martin Currie Global Funds, says: “After a thorough due diligence process, we are delighted to select Kinetic Partners as our third party management company. The people and their approach have impressed us throughout the process, and we look forward to a long and prosperous future with them.”
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