New York (HedgeCo.Net) – InfraHedge, a subsidiary of State Street Corporation, has been chosen by Milltrust International Group for the launch of its Emerging Markets Managed Accounts (EMMA plc) platform.
The fund has launched with three sub funds managed by Bank Itau, BTG Pactual and Value Partners, focusing on Brazil, Latin America and Greater China respectively.
“Milltrust wanted the freedom to work with the managers of their choice and deploy capital through an institutional-standard, UCITS-compliant infrastructure that could handle investments in BRIC markets and provide detailed daily risk analytics,” said Akshaya Bhargava, CEO of InfraHedge.
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