On February 3rd 2014, Bank of America Merrill Lynch announced the launch of the Merrill Lynch Investment Solutions (MLIS) - Merrill Lynch Dynamic Capital Protection UCITS Fund (the sub-fund), managed by Merrill Lynch International (MLI). This latest sub-fund on the MLIS UCITS platform provides institutional investors with a capital-protected solution that uses core-satellite investment principles within a risk control framework to access risk premium.
MLI, in its capacity as investment manager of the sub-fund, has appointed Koris International (Koris) as investment advisor. As an acknowledged specialist in systematic risk-budgeting and dynamic asset allocation strategies, Koris has offered proprietary technologies engineered by its research and development team for over 10 years. Koris provides its clients with advisory services delivered by renowned experts from the asset management industry and the academic world.
The sub-fund extends the range of UCITS products offered on the MLIS platform with a solution tailored to institutional investors looking for a bond portfolio diversifier in a capital-efficient structure. It also comes ahead of the implementation of the Solvency II Directive, which will see an increase in the requirements for capital held against risk assets.
