Aegon Asset Management has launched the Aegon ABS Opportunity Fund aimed at delivering a through-the-cycle return of Euribor+500 bps via active investment in asset-backed securities.
Launches & Fundraising
Aberdeen Standard Investments has launched the Multi-Sector Private Credit (MSPC) Fund, an open-ended, diversified private credit solution for UK institutional investors. MSPC is designed to generate attractive levels of income by investing in a diversified portfolio of predominantly investment grade private and alternative credit assets.
Goldman Sachs Asset Management has launched the GS Global ESG Enhanced Income Bond Portfolio.
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.
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.
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.
MAPFRE and Abante, as part of their strategic alliance, have teamed with Australian financial services group Macquarie to launch a EUR200 million infrastructure fund.