Henderson launches two credit funds
Henderson Global Investors has launched two credit funds to meet what it sees as the growing demand for sophisticated fixed income products.
Henderson Global Investors has launched two credit funds to meet what it sees as the growing demand for sophisticated fixed income products.
Luxembourg has reached a record high of over 3,000bn in assets under management (AuM) following its increased focus on the cross-border distribution of funds.
Ogier Financial Services has rebranded following its management buyout from the Ogier Group earlier this year.
Offshore law firm Ogier has appointed a tax partner for its Luxembourg office.
JP Morgan Asset Management is to close five of its Luxembourg-domiciled fixed maturity bond funds, citing changes in the market.
Luxembourg has called for increased international finance cooperation with Singapore spanning cross-border financial services, wealth and asset management.
Luxembourgs assets under management (AUM) reached a record high of 2.7trn ($3.7trn, £2.2trn) in the first quarter of 2014.
Syz & Co has launched a fund which aims to provide a absolute return through a credit strategy combining European corporate bonds and flexible hedging of market exposure.
Kennox Asset Management has launched a Luxembourg-domiciled SICAV Feeder Fund to facilitate international investor access into its flagship Strategic Value Fund.
Since the global financial crisis in 2008, a handful of life companies in Luxembourg have seen their businesses flourish, as high- and ultra-high-net worth individuals in certain European markets have turned to a type of single premium bond marketed by these insurers as a safe and tax-efficient place to park their wealth.
Australian fund house AMP Capital has launched a Luxembourg-domiciled UCITS platform with two new funds catering to UK and European institutional investors.
Luxembourg has signed a FATCA agreement with the US, becoming the latest country to put in place legislation to manage the punitive tax rules.