The returns are very uncorrelated to other global macro managers, the broad hedge fund universe and primary equity indices. The investment manager identifies macro/micro-economic and country specific imbalances to develop views and corresponding trading strategies. These strategies provide a diverse source of alpha and are expressed through thematic, relative value and counter-trend exposures. The exposures are constructed to offer the best asymmetric payoff, while minimizing expected correlations.
The investment manager takes risk across a number of different strategies rather than allocating most of the risk to a few large macro trades. Typically, more than half of the Fund’s risk is allocated to countries within the European time zones. Risk is monitored on a real time basis both at the strategy and portfolio level and stop-loss limits are established at the inception of each trade.
Managing Partner & Co-CIO
George is a co-founder, Managing Partner and Co-CIO at N... See all
George is a co-founder, Managing Partner and Co-CIO at North Asset Management. As Co-CIO, George is the lead portfolio manager of the North MaxQ Macro Fund & oversees all investment management activity of the Fund. George has over 20 years of experience and has been published in industry journals and frequently quoted in financial periodicals. He is consulted regularly by policy makers and regulators for his market knowledge. George is a former Managing Director within the Fixed Income Department at Morgan Stanley & was involved in developing Morgan Stanley’s franchise & risk profile in derivatives, fixed income and FX in the European time zone since 1996. Prior to working at Morgan Stanley, George worked at Vereinsbank AG from 1993 to 1996 as a fixed income & derivatives trader, National Westminster Bank from 1992 to 1993 and Christiania Bank between 1991 and 1992. George studied Political Science & International Relations at University of Athens, Law Department.
Co-CIO, Head of Research
Michael is Co-CIO and Head of Research. As Co-CIO he ove... See all
Michael is Co-CIO and Head of Research. As Co-CIO he oversees portfolio construction and risk management collaboratively with the Portfolio Managers. He also oversees the firm’s macro-economic and quantitative research across fund strategies. Michael joined in 2008, focusing on portfolio risk management, quantitative analysis and analytics/development functions. His background is in engineering, and prior to joining North, he was a research scientist in signal processing at Imperial College London, UK and Athens Information Technology Institute, Greece. His main area of research was stochastic modelling and estimation algorithms as well as encoding systems for wireless communications. He has also worked on computer vision, audio recognition algorithms, information visualisation and user interface development. Michael has a First-Class Hrs M.Eng. degree in Information Systems Engineering from Imperial College London.
Portfolio Manager (Fixed Income)
Naresh is a Portfolio Manager at North Asset Management.... See all
Naresh is a Portfolio Manager at North Asset Management. Naresh joined the Investment Management Team in 2013 and has been involved in the entire investment cycle from trade idea generation, to execution and live monitoring of position P&L. Prior to joining North, Naresh worked for Citigroup, London in Fixed Income sales covering a variety of hedge fund accounts for Global Interest Rates and Derivative products. Naresh has a Master’s degree from London School of Economics in Operations Research and a Bachelor from Indian Institute of Technology, Guwahati in Electronics & Communication. Prior to attending LSE, he also worked at UC Berkeley, International Computer Science Institute (ICSI) as junior researcher in the Speech Recognition Group.
Portfolio Manager (Foreign Exchange)
Zain is a Portfolio Manager at North Asset Management. Z... See all
Zain is a Portfolio Manager at North Asset Management. Zain joined the Investment Management Team in 2014. He manages the Fund's options portfolio across all asset classes and is responsible for local markets trade execution. He is also involved in quantitate analysis and research. In addition to options, Zain focuses on investment opportunities in Asian local markets. Prior to joining North, Zain worked at Credit Suisse from 2012 to 2014 as an Options Trader on the FX Options Trading desk, where he was responsible for risk management, trade idea generation, market making and pricing of a broad range of FX derivative products. In 2011 Zain worked for Morgan Stanley in Sales & Trading within the Fixed Income Department. Zain has a M.Eng. in Engineering Science with a distinction from the University of Oxford.
Fixed Income and Foreign Exchange Oriented - A very well diversified opportunistic investment strategy with a robust risk management overlay focusing on downside volatility through cross strategy correlations and VaR.
Dynamic Uncorrelated Returns - Stable risk adjusted returns with no correlation to traditional asset classes.
Experienced Investment Team - With more than 12 years track record investing mainly within European time zones (typically 65% of risk) as a core area of competency.
MontLake Asset Management Ltd, 23 St. Stephen's Green, Dublin 2, D02 AR55, Ireland is licensed to provide Investment Management services to Professional Clients (including Collective Investment Schemes) by the Central Bank of Ireland.
MontLake UCITS Platform ICAV is an umbrella open-ended Irish collective asset-management vehicle with segregated liability between Funds formed in Ireland under the Irish Collective Asset-management Vehicles Act 2015 and authorised by the Central Bank as a UCITS pursuant to the UCITS Regulations.
The Manager of MontLake UCITS Platform ICAV is MontLake Management Ltd, a company regulated by the Central Bank of Ireland.
This website is directed mainly for professional and institutional clients who possess the necessary experience, knowledge and expertise to make their own investment decisions and properly assess the risk that it incurs.
Information on this website was obtained from various sources and the company does not guarantee its accuracy. The information is for your private use and discussion purposes only and expressed views and opinions may change.
The Performance figures quoted refer to the past and past performance is not a guarantee of future performance or a reliable guide to future performance. The value of your investment and their income may go down as well as up.
Your investment may also be subject to currency, interest rate, as well as market fluctuations. Consequently the Investor may not get back a sum equal to that he / she originally invested.
Investors should note that an investment in those Sub-Funds which may invest in emerging markets should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors.
The Sub-Funds may invest in Over the Counter as well as Exchange Traded derivative instruments to enhance return or hedge against fluctuations in security prices or market rates as well as to short sell a security through the use of a derivative instrument. Transactions in derivative instruments involve a risk of loss or depreciation of capital due to adverse changes in security prices, exchange rates or interest rates or in the case of OTC instruments default of Counterparty. This investment may not be suitable for all types of investors. It is therefore recommended that you consult your investment advisor.
A commission or sales fee may be charged at the time of the initial purchase for an investment and may be deducted from the invested amount therefore lowering the size of your investment. The Investment Manager will be entitled to receive a performance fee as well as a management fee, calculated on a daily basis and paid quarterly by the sub-funds.
The Levels and bases of taxation are dependent on individual circumstances and subject to change and therefore it is highly recommended that you consult a professional tax advisor.