Hamlin Capital Management launches first Ucits fund

New York cabNew York City-based fund manager Hamlin Capital Management has launched its first Ucits fund and domiciled it in Ireland. RBC Investor & Treasury Services (RBC I&TS) is custodian and fund administrator to the vehicle, which is called the Hamlin High Dividend Equity Ucits Fund. Hamlin is an income-oriented, independent investment firm that caters to high net-worth individuals and institutions. Kevin O’Neill, managing director, asset managers – North America, at RBC I&TS, says US fund managers are increasingly seeking growth outside of domestic markets and looking to countries like Ireland and Luxembourg as centres for globally distributed investment funds. “US asset managers already account for 54% of assets under administration or custody of funds domiciled in Ireland and 24% of those in Luxembourg,” he says. RBC I&TS operations in Ireland and Luxembourg together currently service over €300 billion in funds managed by US-based clients. The firm also has $900 billion (€816 billion) in Ucits assets under administration between the Irish and Luxembourg markets. ©2015 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.