Martin Currie Unit Trusts Limited has become the latest mutual fund manager to join the EMX Message System, the mutual fund order-routing system for the UK and Luxembourg markets.The Ediburgh-based fund manager went live on the EMX Message System on 23 June.
“We are delighted to welcome Martin Currie on board,” says Tony Wood, Head of Sales and Marketing at EMXCo. “There has been huge demand from our intermediary clients for them to join the EMX Message System”.
Andy Sowerby, Managing Director at Martin Currie, says his firm has one of the fastest growing retail businesses in the UK. “Performance is strong across our range of specialist equity funds, and we have just passed 1 billion of assets in our OEIC,” he says. “As demand has grown a number of our clients asked us to join EMXCo, and we are delighted to have done so.”
The EMX Message System has been routing over 1 million messages a month and around €169 million of orders each day.