Nordic fund platform, Kames Capital sign distribution agreement
Nasdaq’s Scandinavian fund platform, Nordic Fund Market, has signed a distribution agreement with UK fund manager Kames Capital to offer its range of 11 Dublin-registered funds.
Nasdaq’s Scandinavian fund platform, Nordic Fund Market, has signed a distribution agreement with UK fund manager Kames Capital to offer its range of 11 Dublin-registered funds.
Swedish fund selectors are the most negative towards property investments across Europe with 50% of those surveyed during the last quarter expecting to sell property investments over the next 12 months, Expert Investor data shows.
Increasing costs associated with setting up and using Ucits products is helping to make Guernsey a more attractive location to establish funds, according to London-based fund management and advisory company Stratton Street Capital.
In the year of the dog shares of companies based on the Chinese mainland are set to emerge as leaders of the pack for investors in China as the world’s second largest economy enters the MSCI Emerging Markets Index in May. But European investors have already begun to move.
HSBC Global Asset Management has appointed Fredrik Cygnaeus as its managing director for its Swedish branch.
Mismatches between the liquidity of open-ended investment funds’ assets and their redemption profiles could lead to “fire sales” to meet redemption requests in times of market stress, the European Systemic Risk Board (ESRB) has warned.
The European Union Money Market Funds regulation (MMF) along with new Basel III regulations will push more investors to increase their use of the short term debt instruments, according to State Street.
Across Europe absolute return strategies are the asset class most fund selectors wanted to buy even before the recent rise in volatility in bond and equity markets, although the Dutch are not particularly keen on the strategy.
Norway’s sovereign wealth fund, the world’s largest at $1trn (€808.8bn), has set out a series of strong anti-corruption measures it expects the 8,985 companies it invests in to have.
Fidelity has hired Amundi Asset Management’s head of equities Romain Boscher to be its new global chief investment officer, equities.
With the global selloff shaking markets over the past week, Expert Investor data suggests that it was the Spanish and the Italians that might be the least prepared for a potential market correction, and the Danish could be the most ready.
Goldman Sachs Fund Solutions (GSFS), a fund investments platform, has partnered with Europe’s largest asset manager Amundi to manage its Luxembourg-domiciled funds.