18 juni 2024

M11 Funds receives first discretionary mandate for actively managed digital assets fund in Europe

 

M11 Funds receives first discretionary mandate for actively managed digital assets fund in Europe 

M11 Funds welcomes Tresor Capital to its M11 Liquid Token Fund

 

Amsterdam, June 18th – M11 Funds, the asset manager offering regulated, actively managed digital assets investment funds, is the first actively managed institutional digital assets fund in Europe to onboard a wealth manager. Investment boutique Tresor Capital has given M11 Funds a discretionary mandate. With this mandate, M11 Funds confirms the strategic importance of digital assets for wealth managers’ portfolios.  

Until recently, it was impossible for wealth managers to onboard digital assets in their portfolios. Accordingly, the fact that a fund investing in digital assets can take on discretionary mandates marks an important milestone for the wealth management sector. As an asset manager specialized in active management of digital assets, M11 Funds was the first firm in Europe to offer wealth managers access to this fast-growing investment category.

Martijn van Veen, Managing Director & Partner, M11 Funds: “Until very recently, traditional investors could not include actively managed digital assets in their portfolios. We’ve very proud to be the first to change this narrative and happy to contribute to Tresor Capital’s ambitions with the M11 Liquid Token Fund. Other wealth managers have approached us and indicated that they want to include the fund in their model portfolios, specifically for Swiss managers. In a couple of years, it will be unimaginable to exclude digital assets from portfolios.”

Erik Klinkers, Managing Partner, Tresor Capital: “We are happy to be able to offer the M11 Liquid Token to interested clients. After years of preliminary market research we are fully convinced we’ve found the best partner. Our ambition was and will always be to make unique investments accessible to wealth managers. We believe in blockchain technology but we’re not specialists in the field. To successfully invest in this sector, you must work with a specialized party such as M11 Fund— just as we specialize in family holdings and compounders.”

 

About the M11 Liquid Token Fund

The M11 Token Fund is one of the first actively managed and regulated funds for institutional investors in liquid digital assets in Europe. It was developed with the specific purpose of catering wealth managers. In this regard, M11 Funds bridges the gap between the traditional wealth management sectors and the world of digital assets. Since the fund’s inception in May 2023, it has grown so rapidly in size that it is now able to also acquire discretionary mandates from asset managers.

The alternative investment fund is offered under an AIFMD license and works from a combination of a fundamental and event-driven (profiting from specific events) strategy, resulting in a concentrated portfolio consisting of the most promising assets. During the 1st year, M11 Funds recorded a six-fold increase in the fund's assets under management and achieved a return of almost 100%.

 

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