Tillit removes five funds following manager shifts
Two funds remained in universe following review
Product News
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Franklin Templeton introduces FTSE Developed World ETF
Marks the 21st index ETF by Franklin Templeton
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Invesco launches ChiNext 50 ETF
First European ETF with targeted exposure to the ChiNext 50 index
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Schroder Japan Trust adopts new policies to ‘improve the attractiveness’ of investing
Trust currently trading at an 8.9% discount, according to the AIC
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Xtrackers MSCI EM ESG Screened ETF proposes investment policy change
Will see the fund drop its ESG screen and move to SFDR Article 6
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Mobeus proposes merger of four funds into two
Its income and growth VCTS could combine into new funds worth £190.8m and £128.8m
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Morningstar introduces LGBTQ+ Leaders index
Index holds 100 companies with strong LGBTQ+ inclusivity practices
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Investment trusts set year-record for mergers by June
Previous record set in 2021 with five mergers
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Schroder Emerging Markets Value fund opened to UK investors
The fund was originally launched in September 2020
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Snowball CEO Daniela Barone Soares awarded OBE
She emphasises ‘seeing finance in service of people and planet’
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BNY drops the ‘Mellon’ in company rebrand
BNY Mellon Investment Management will become BNY Investments
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WisdomTree launches sustainable core equity strategy
WisdomTree Global Sustainable Equity Ucits ETF is the firm’s first sustainable core equity strategy