high yield bond funds resurge in popularity
High yield bond funds saw record inflows of $4.7bn (3.36bn, £2.93bn) last week as risk appetite returned among investors.
High yield bond funds saw record inflows of $4.7bn (3.36bn, £2.93bn) last week as risk appetite returned among investors.
Legal & General International is to allow customers who use an international portfolio bond access to investments via the Skandia Investment Solutions platform.
French asset management firm Prim’ Finance has launched a new commodities fund, investing in base and precious metals, available to UK investors.
HSBC Global Asset Management today said it was launching a new renminbi fixed income fund, via its Luxembourg-based Global Investment Funds Sicav, to cater for the growing appetite in the UK and Europe for renminbi-denominated products.
Prudential Singapore has launched Prufracture Care, an insurance policy designed to cover injuries resulting from accidents sustained by its more active customers.
Fund assets serviced in Jersey grew by 20% in the 12 months ending June 30, according to Lipper.
Lombard Odier Investment Managers has appointed Bruce Turner to manage the healthcare portfolio strategy element of its 1798 Fundamental Strategies Fund and Global Equity Long/Short Fund.
First State has launched an Emerging Markets Bond Fund with Helene Williamson and her newly-established EM debt team at the helm.
Friends Provident International has signed an agreement with fund platform Wealthtime.
Acordias, a service provider for offshore IFAs, has launched a new online tool which allows advisers to view all their clients’ Acordias products in one place.
Axa Investment Managers has launched a high conviction global income fund targeting between 1.5 and 2.5 times the yield of the MSCI AC World index.
Henderson Global Investors announced it is to “soft close” its UK Absolute Return Oeic and Sicav, both co-managed by Ben Wallace and Luke Newman.