It is managed with the same expertise and investment team as the WB Opportunities Fund that has demonstrated outstanding returns in all market conditions since its inception in 2009.
The portfolio management team is very stable and has managed hedge funds since 2005, through a variety of economic cycles including global financial crisis. The team have a proven ability to generate best-in-class risk-adjusted returns both in bull and bear markets, capturing the upside when conditions are supportive and limiting the downside when markets become more challenging.
The Butler Credit Opportunities UCITS Fund team uses a unique 3 step investment approach placing risk management and preservation of capital at the centre of portfolio management while constantly seeking opportunities to generate attractive risk adjusted returns.
Stage 1: With their long-standing experience on markets, the team recognizes that the portfolio Beta should always reflect the optimal level of risk in order to preserve capital or generate superior Alpha. Laurent Kenigswald (who has a background as a macro-economist and statistician), together with the two other PMs, systematically implement a Top-Down approach in order to determine the optimal level of risk for the portfolio. The fund has been net short on several occasions since inception, reflecting the team’s ability to adapt to events and cycles.
Stage 2: Bottom up focuses on the fundamental analysis of individual securities, assessing key financial parameters for each bond evaluating its potential as a long or short position.
Stage 3: Portfolio construction determines the capital allocated to each strategy/position taking into account risk, liquidity, volatility, etc.
Butler Investment Managers is a company created in 2008 by Walter Butler, owner and founder of Butler Industries set up in 1991. The Group has operations in direct investments (Butler Industries) and asset management covering three major asset classes (private equity with Butler Capital Partners and Butler Industries, credit markets with Butler Investment Managers and real estate with Corum/Butler Real Estate).
Cyril has been working with the credit portfolio advisor... See all
Cyril has been working with the credit portfolio advisory team since 2003 and as a credit portfolio manager since 2005. In 2003, he joined the Barep Global Credit Fund as a credit portfolio analyst and later he was promoted to portfolio manager and worked under Laurent Kenigswald leadership. Prior to this, Cyril worked at Renault Nissan as a business analyst for the Executive Committee.
Laurent Kenigswald has more than 21 years of experience ... See all
Laurent Kenigswald has more than 21 years of experience in Credit and 10 years as Economist. He was a senior portfolio manager of Barep Global Credit (BGC), a €250m credit hedge fund. In 2006, BGC was awarded “Best European Multi Strategy Fund” of the year from Hedge Fund Review. Prior to this, Laurent was a credit sell side analyst at Crédit Lyonnais, Natixis and Aurel Leven, managed a portfolio of Brady bonds (Emerging Markets sovereign debt) at BNPParibas and was a senior economist at the Direction de la Prévision in the French Ministry of Economy and Finance.
Olivier has been a credit portfolio advisor, analyst and... See all
Olivier has been a credit portfolio advisor, analyst and manager since 2001. In 2007, he joined Barep Global Credit Fund as a portfolio manager under Laurent Kenigswald leadership. He was responsible for the utilities, energy, chemical, packaging and general industrials sectors. Prior to joining BGC, he was a high yield buy-side analyst for AXA IM and for CDC Ixis and the head office and as a credit sell-side analyst for Credit Lyonnais.
Walter Butler is the Chairman and Founder of Butler Indu... See all
Walter Butler is the Chairman and Founder of Butler Industries, Butler Capital Partners (BCP) and Butler Investment managers.
Prior to founding Butler Industries in 1991, Walter Butler was Executive Director at Goldman Sachs in New York and London. From 1986 to 1988, he was responsible for privatizations in the media sector at the French Ministry of Culture and Communications. From 1983 to 1986, he was Inspecteur des Finances at the French Treasury.
Experienced team that has successfully managed hedge funds since 2005 through changing economic cycles as well as during the global financial crisis.
Managing a highly liquid portfolio with nimble trading ability enables the team to create exposure which both allows for alpha capture in bull and bear markets whilst preserving capital through periods of high volatility.
Long term coverage of the market allows for superior bottom up research.
ML Capital 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 MLC 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.