RBC Investor & Treasury Services (I&TS), part of Royal Bank of Canada, has successfully launched the first Luxembourg UCITS fund for Daiwa Asset Management, one of the largest asset management companies in Japan.
Launches & Fundraising
London and Hong Kong/China specialist asset administration firm Value Partners is launching its first All China Equity Fund, which will be managed by Investment Director Man Wing Chung.
PGIM Investments has added a new liquid alternatives fund to its UCITs platform – the PGIM QMAW Keynes Systematic Absolute Return Fund – the first fund from Wadhwani Asset Management since its acquisition by PGIM in January 2019.
Vanguard has launched the Vanguard International Core Stock Fund (VWICX), expanding its actively managed roster of more than 70 mutual funds and ETFs.
ACTIAM Institutional Microfinance Fund III has been renamed as the ACTIAM Financial Inclusion Fund and will look to build on the successful track record gained by the asset manager over the years in the field of microfinance.
RBC Global Asset Management (RBC GAM) has launched the RBC BlueBay Global Bond Fund, a globally diversified fixed income fund designed as a core portfolio holding for US investors.
Prestige Funds has listed its second Luxembourg direct lending fund, the Prime Alternative Finance Fund (PRALTF), on Euronext Dublin.
Allianz Global Investors has launched the Allianz Impact Investment Fund (AIIF), its first multi asset private market impact fund.
HSBC Global Asset Management has launched the HGIF China A Fund for investors seeking exposure to the China A share equity market.
Morgan Stanley Investment Management (MSIM) has launched the Morgan Stanley Funds (UK) Global Sustain Fund, after successfully launching the Luxembourg vehicle in 2018.