Overview

Macquarie Funds Group launches new UCITS III Funds

01 February 2010

  • Three new funds providing access to strategies focused on emerging markets, emerging markets infrastructure and agricultural commodities
  • Funds add to Macquarie’s UCITS III fund range

LONDON – Macquarie Funds Group (MFG), the asset management arm of Macquarie Group, has launched three new funds under its UCITS III compliant Luxembourg SICAV umbrella fund, Macquarie Fund Solutions. The funds are:

  • Macquarie Emerging Markets Opportunities Fund
  • Macquarie Emerging Markets Infrastructure Fund, and
  • Macquarie and Rogers™ China Agriculture Fund.

The three funds are intended for public distribution in multiple European and Asian jurisdictions. Currently, the funds are available for public distribution in Luxembourg, Germany, Austria and Switzerland and MFG is in the process of registering the funds in the UK. Other European jurisdictions are likely to follow.

“We are pleased to announce the launch of the three UCITS III funds which add to our current fund range available to investors in the UK. The new funds provide investors with access to the expertise of our experienced emerging markets portfolio managers. MFG has a proven track record in managing emerging market equities, infrastructure equities and agricultural commodities from which investors will benefit,” said Philipp Graf, Head of the UK Investment Solutions & Sales team of Macquarie Funds Group.

Macquarie Emerging Markets Opportunities Fund
The Macquarie Emerging Markets Opportunities Fund offers investors risk controlled exposure to investments arising from growth in emerging markets economies through an actively managed emerging markets equity strategy. The Fund is long only and investment decisions are driven by top-down systemic macro analysis combined with bottom-up country and sector allocation. The Fund is benchmarked to the MSCI Emerging Markets Index. The lead portfolio manager of the fund is David Dali. Mr. Dali is a Division Director and a senior Portfolio Manager within Macquarie Funds Group. Mr. Dali was a founding principal of Globalis Investments, LLC (which was acquired by Macquarie Group in October 2008) and has over 19 years of Emerging Markets investment experience.

Macquarie Emerging Markets Infrastructure Fund
The Macquarie Emerging Markets Infrastructure Fund offers investors access to an actively managed portfolio of emerging markets infrastructure stocks. The Fund is long only and employs a unique blend of bottom-up stock selection skills with a top-down macro overlay to minimise systemic risks. The Fund is benchmarked to the MSCI Emerging Markets Infrastructure Sector Capped Index. The lead portfolio manager of the fund is Jonathon Ong. Mr. Ong is a Division Director and a senior Portfolio Manager within Macquarie Funds Group. Mr. Ong has over 14 years of Emerging Markets investment experience through multiple investment cycles.

Macquarie and Rogers™ China Agriculture Fund
The Macquarie and Rogers™ China Agriculture Fund offers investors the opportunity to access the performance of the Macquarie and Rogers™ China Agriculture Index (Bloomberg: MARCAITR Index). The Macquarie and Rogers™ China Agriculture Index is an investable index comprised of agricultural commodities tracked via exchange traded futures on physical commodities. The index is differentiated from other commodity indices by focusing purely on China’s consumption of agricultural commodities.  The fund follows a passive investment strategy by tracking the index itself and the exposure to the index is managed by the global Fixed Income, Currencies and Commodities Asset Management team of Macquarie Funds Group.

About Macquarie Group
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. Founded in 1969, Macquarie operates in more than 70 office locations in 28 countries, employing more than 12,700 people. Assets under management total approximately €210 billion (£190 billion) as at 30 November 2009, including proforma AUM for Delaware Investments.

Macquarie Group Limited is listed in Australia (ASX:MQG; ADR:MQBKY) and is regulated by APRA, the Australian banking regulator, as the owner of Macquarie Bank Limited, an authorised deposit taker. Macquarie Bank International Limited forms part of Macquarie Group and is authorised and regulated in the UK by the Financial Services Authority (FSA).

About Macquarie Funds Group
Macquarie Funds Group (MFG), the asset management arm of Macquarie Group, is a full service asset manager with over 25 years experience. It offers a diverse range of products including managed funds across a wide range of asset classes, funds-based structured products, hedge funds and fund of funds. Macquarie Funds Group has a global reach with a team of over 1000 staff across 20 global locations and manages approximately €141 billion (£129 billion) (including proforma AUM for Delaware Investments).

MFG’s business in Europe is driven by a team of approximately 60 professionals located in 5 offices in London, Frankfurt, Munich, Vienna and Zurich. For further information on Macquarie Funds Group and its range of UCITS III funds please refer to www.macquariefunds.co.uk.

For further information, please contact:

Renae Marks
Corporate Communications and Investor Relations
Macquarie Group
Tel: +44 203 037 5602