Neuberger Berman is expanding its ESG platform with the addition of a new UCITS fund running the firm’s Japanese Equity Engagement strategy.
The Marlborough Group has expanded its global reach by registering its Ireland-domiciled UCITS fund of funds range with the Securities and Commodities Authority (SCA) in the United Arab Emirates and the Monetary Authority of Singapore (MAS).
Investors that bought into the stock market recovery in April and May largely banked their gains in June, with equity funds shedding GBP1.2 billion in outflows, according to Calastone’s latest Fund Flow Index.
Northern Trust has been appointed by Azimut (DIFC) Limited to provide asset servicing and portfolio reporting for its Dubai International Financial Centre (DIFC) funds in the Middle East.
ESG investing continues to gain momentum and prominence among global institutional investors as they increasingly look to benchmark not only the performance of funds in their portfolios but the impact they have on the world.
Morgan Stanley Investment Management (MSIM) has launched Morgan Stanley Global Balanced Sustainable Fund, seeking to generate a measurable, positive environmental and social impact, alongside a financial return.
MAPFRE AM, the asset management arm of the Spanish insurance group, is joining forces with Global Social Impact Investments SGIIC (GSI) to launch the Global Social Impact Fund (GSIF). A new investment vehicle which aims to raise EUR50 million for high social impact companies in both frontier and emerging markets.
Lazard Asset Management (LAM) has launched the Lazard US Sustainable Equity Portfolio.
PGIM Investments has expanded its environmental, social and governance (ESG) offering with the launch of the PGIM Global Corporate ESG Bond Fund.
Calls grow for ‘new generation’ UK funds regime to boost industry post Brexit and encourage regional economic growth
Boutique asset management think tank New City Initiative (NCI) is calling for the development of a new UK fund structure that could rival UCITS and AIFs, while decentralising fund management in the country and encouraging regional growth.