Poll shows low adoption of smart beta ESG funds
Less than a quarter of investors are using dedicated smart beta ESG strategies, according to study.
Less than a quarter of investors are using dedicated smart beta ESG strategies, according to study.
A Swiss-based private partnership created to help those who have suffered losses of assets and money from financial companies has launched a task force to recover money from the failed Columna Commodities Fund.
Swiss asset manager reportedly concerned that Tim Haywood may have made large investments in illiquid debt securities without the required due diligence and risk control reports.
Christian Pellis, global head of third-party distributors at Amundi, discusses the changing relationship between fund buyers and managers, and the idea that just ‘selling funds’ may not have much of a future.
MSCI is in the process of adding about 230 China-listed shares to its emerging market benchmark.
The move to expand Luxembourg-domiciled fund range comes at a time when many asset managers are rejigging their international distribution strategies as Brexit looms.
Sentiment towards emerging market equities among fund selectors across Asia has declined significantly following similar slump among European selectors, according to Last Word data.
Infrastructure funds have seen outflows for the first time in a decade but this has not discouraged pan-European fund selectors who are big fans of the asset class, according to Last Word Research.
Central bank bank expects to keep rates on hold at record low levels until summer 2019 and reaffirmed plans to wind up bond-buying programme in December.
Backstop plan proposes that in the event of no Brexit transition period passporting rules will continue for further three years
Total fund sales for the first half of year across Europe was €59.8bn about six times lower than €362.4bn first-half sales in 2017. But ETF market share hits record high, according to Thomson Reuters Lipper data.
Columna Commodities fund pretended to invest in range of commodity-linked assets when in reality the bulk of money invested in the Sicav sub-fund had been loaned to a Hong Kong shell company.