UCITS green light for MPMF

The Central Bank of Ireland has authorised MPMF Fund Management (Ireland), the Maples group’s alternative investment fund manager (AIFM), as a UCITS management company.

This will allow it to gain investment momentum and ensure that managers have the resources and support they need to meet the risk and reporting requirements of UCITS funds, said Scott Somerville, chief executive officer at MaplesFS.