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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.
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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.
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.
Most global asset managers with London operations have begun revising their distribution strategies to ensure continued access to the EU as Brexit looms. But where are they are going?
The private bank has received regulatory approval to operate a wealth management subsidiary in Luxembourg.
In response to the eurozone’s first quarter drop in growth and the European Union’s discord over how to handle migration a German fund selector has reduced European equity fund allocations.
Luxembourg and Ireland top jurisdictions set to benefit from asset managers shifting operations to new locations over the next five years, according to State Street survey.
Blackrock has written to investors to announce it is expanding the use of derivatives on its Luxembourg-domiciled retail fund ranges.
M&G Investments is planning to transfer €39.1bn (£34.2bn) worth of non-sterling UK assets to Luxembourg to hedge against possible risk ahead of Britain’s exit from the European Union.
Analysis by Berlin-based research group Scope ranks all funds in German market – both domestic and foreign – on a range of criteria.
Columbia Threadneedle Investments has launched 13 Sicav versions of Oeics ahead of the UK’s exit from the European Union as the asset manager prepares to switch EU-based investors out of its UK-domiciled range into Luxembourg-domiciled alternatives.
European fund selectors expressed a preference towards growth emerging market funds over value during the last six months. However, Europe’s top performing funds allocated a greater weighting towards value stocks during the period.
The glut of hefty EU regulations introduced this year do not always complement each other, complains Alfi chair Denise Voss.