M&G considers shifting four funds to Luxembourg over Brexit fears
M&G has proposed transferring four UK-domiciled open-ended funds to its Luxembourg platform over fear and uncertainty surrounding the UK’s exit from the European Union.
M&G has proposed transferring four UK-domiciled open-ended funds to its Luxembourg platform over fear and uncertainty surrounding the UK’s exit from the European Union.
A quarter of the asset management businesses monitored by accounting giant EY have now announced plans to move operations to Europe due to Brexit.
Lombard Odier Investment Management has broadened the alternatives side of its business with the drafting in of a global macro team.
In a bid to capitalise on the significant deepening of the real estate debt market that followed the disintermediation of banks in the wake of the financial crisis, Axa Investment Management has launched a global flexible property fund.
East Capital said its UCITS-compliant China fund has become the first to be allowed to invest up to 100% of its portfolio in Chinese A-shares through the Stock Connect program.
East Capital has launched a new frontier markets fund focused on “young and fast-growing” markets with an emerging middle class and strong consumption growth.
Henderson Global Investors has launched two credit funds to meet what it sees as the growing demand for sophisticated fixed income products.
American asset management firm Fred Alger Management has launched two funds via its recently established Luxembourg SICAV, the third vehicle it has made available to non-US investors.
In the wake of switching its SICAV range from Dublin to Luxembourg, Ignis is discontinuing two smaller funds.
As part of the integration between Schroders and Cazenove Capital Management, the following five funds have been merged and taken on a new name.
UK-based real estate bridging finance fund manager Montello is set to launch a Luxembourg fund, in response to what it says is "strong demand" from international advisers and investors.
The ING (L) Renta First Class Yield Opportunities fund is a multi-strategy credit portfolio invested in global high yield, investment grade credit as well as emerging market debt.