BlueOrchard Finance, the global impact investment manager that is part of the Schroders Group, has launched the BlueOrchard Financial Inclusion Fund, a new private equity strategy aiming to foster financial services to low-income individuals and connect millions of entrepreneurs in growth markets with investors.

JP Morgan Asset Management has closed its new European and North American special situations investing fund at the oversubscribed total of USD2.4 billion, underlining the growing appetite among investors for the expanding opportunity set in distressed and stressed investing in the major economies as a result of recent financial market volatility and the challenging global macro-economic and geo-political climate.

Franklin Templeton has announced the acquisition of leading European credit and private debt manager Alcentra from BNY Mellon in a move that will significantly expand the US-based global investment group’s activities in the fast-growing global alternative credit space.

Please follow this link to register for ETF Express’s latest outing with Asset TV, live streaming on 15th June - Investing in tech and thematics in a world of rising rates.

Macquarie Asset Management, one of the world’s key investors in infrastructure and real assets, has announced the final close of its third Asia-Pacific regional infrastructure fund with more than USD4.2 billion in investor commitments.

 Just under half (45 per cent) of asset managers, pension funds and insurers still do not have ESG investment policies in place, according to new research from Clearwater Analytics (CWAN). 

The US Securities & Exchange Commission has proposed two new rule changes in an effort to tighten the marketing and disclosure requirements on ESG funds and to tackle growing concern about the rise of ‘greenwashing’ in the asset management industry.

Eurekahedge, using data from With Intelligence, reports that hedge funds were down 1.00 per cent in April against a backdrop of growing geopolitical and macroeconomic uncertainty.

Nick Evans writes that a new paper by the Independent Investment Management Initiative (IIMI), a boutique asset management think tank comprised of over 40 leading independent firms in the UK and continental Europe, has called for regulatory action and reform in several key areas where IIMI members believe the UK authorities could do more to stimulate growth in the asset management industry.

Advent International has completed its largest ever fundraise – and one of the largest seen in the private equity industry – with the close of its 10th global private equity fund at a record USD25 billion.