Ucits sales slip in March
Ucits fund sales totalled 38bn in March, a drop from February as money market funds recorded outflows.
Ucits
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Tobam launches Ucits Anti-Benchmark fund
Tobam has launched a Ucits version of its Anti-Benchmark Canadian Equity Strategy which has been seeded by a Canadian institutional investor, the firm has announced.
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First Trust takes first steps into EU ETF market
First Trust has made its first foray into the European ETF market launching a range of Ucits-compliant offerings benchmarked against UK, US and emerging market equities indices.
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kazimir ram form frontier powerhouse
Kazimir Partners has acquired Renaissance Asset Managers and the combined business will be owned by its management and employees.
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Baring launches new multi asset fund
Baring Asset Management has released details of its Euro Dynamic Asset Allocation Fund which aims to generate a total return including capital and income appreciation exceeding European cash rates over the medium to long term.
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ukfm to feel full force of bonus caps
Fund managers in the UK will be worst hit by bonus cap rules voted for today by the European Parliament’s economic and monetary affairs committee (ECON), while costs could go up across the continent if the proposals come into fruition.
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new shariah funds
Mark Mobius is lined up to manage a Shariah-compliant Asian Growth Fund, one of a trio to be launched by Franklin Templeton.
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advisers torn between client demand hedge funds
Over one-third of investors feel advisers are not sufficiently clued up on Ucits hedge funds despite research showing that blindly allocating to the vehicles for diversification purposes can be damaging to portfolios.
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Strong year for Ucits as European economy improves
Ireland and Luxembourg accounted for the majority of Ucits net sales in 2012, while inflows across Europe returned to positive territory on the back of strong demand.
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MS launches final fund in Ucits CTA range
Morgan Stanley has launched a new Ucits fund offering exposure to Mesirow’s Absolute Return Plus Strategy, the final fund in its CTA series partnership with Equinox Fund Management.
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Odey launches Ucits version of European hedge fund
Odey Asset Management is to launch a Ucits version of its flagship European hedge fund strategy.
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Economic confidence results in Ucits surge
ECB action to save the euro, along with its progress in redressing imbalances in the region's economy resulted in strong demand for Ucits funds in 2012, according to a report by the European Fund and Asset Management Association (EFAMA).
