New analysis from ETF provider GraniteShares, which offers a range of 3x short and 3x leveraged ETPs on popular UK and US stocks, reveals that so far this year, 31 dividend payments from FTSE 100 companies have been cancelled, 12 have been suspended and nine cut.
Ping An Insurance (Group) Company of China's offshore investment platform, Ping An of China Asset Management (Hong Kong) Co Ltd (PAAMC HK), has launched its first UCITS umbrella fund.
TD Asset Management (TDAM) has added two new mutual funds to its sustainability suite: TD North American Sustainability Equity Fund and TD North American Sustainability Balanced Fund.
China’s funds market will soon be teeming with new mutual funds, as foreign money managers vie to attract capital from the country’s pool of retail investors.
RWC Partners’ new global equity income team, led by income veteran Nick Clay, will launch a high conviction global equity income fund in Q4 2020.
Neuberger Berman has launched the Neuberger Berman China A-Share Equity Fund (Dublin UCITS) managed by Ning Meng, senior portfolio manager, who joined the firm in 2019 with a strong 19-year track record in the sector.
Quaestio Capital Management (Quaestio), an Italian investment firm managing multi-asset, multi-manager portfolios for institutional clients, has awarded Impax Asset Management a EUR79 million segregated account mandate.
Pictet Asset Management has launched the Pictet-Strategic Credit fund, which is Luxembourg domiciled and UCITS compliant.
Allen & Overy has provided legal advice to the Nigerian Sovereign Investment Authority (NSIA) on both the formation of the Nigeria Solidarity Relief Fund, which launched on 3 September, and on acting as the future distribution manager of the funds raised.
UK equity funds have suffered their worst three months on record as the possibility of a no-deal Brexit draws closer, according to the latest figures from Calastone.