Fair Oaks unveils Ucits collateralised loan obligations fund
Fair Oaks Capital, a specialist in collateralised loan obligations (CLO), has launched a Luxembourg-domiciled Ucits sub-fund investing across US and European credit assets.
Fair Oaks Capital, a specialist in collateralised loan obligations (CLO), has launched a Luxembourg-domiciled Ucits sub-fund investing across US and European credit assets.
BlackRock has launched a fixed income fund that invests in global macroeconomic strategies with exposure to regions where interest rates are attractive and also where markets are effected by supportive monetary policy.
Luxembourg’s reserved alternative investment fund (Raif) has been approved by the duchy’s parliament and will come into force three days after publication in Luxembourg’s official gazette.
Swiss private banking group Julius Baer has completed its acquisition of Commerzbank International S.A Luxembourg (Cisal), a fully-licensed private bank located in the Duchy.
Columbia Threadneedle Investments is looking to beef up its presence in Luxembourg prior to the UK leaving the European Union.
Two whistleblowers have been found guilty in the so-called ‘Luxleaks’ tax scandal while a journalist has been acquitted.
Luxembourg-based International Wealth Insurer (IWI), has been sold by state-owned Belfius Insurance to Foyer, a major private financial group in the Duchy, creating a new player in the international life insurance sector.
Trust and fiduciary specialist Zedra is eyeing an acquisition in Luxembourg with a view to making it a key jurisdiction in its five-year plan for the group business.
Against a backdrop of macroeconomic uncertainty, most fund selectors based in the Grand Duchy intend to increase their allocation to long/short equity funds. They also follow the other main trends: buying emerging market equities and corporate bonds, and selling US equities and government bonds.
In the wake of the biggest financial data leak in history, which uncovered the controversial tax arrangements of the rich and powerful, our industry experts give their views on what the Panama Papers means for their offshore jurisdictions.
NN Investment Partners has launched a Luxembourg-based multi asset absolute return fund using a strategy that allocates to multiple factors across different asset classes.
Rathbone Unit Trust Management (RUTM) will offer four Luxembourg-domiciled funds to European investors next month in order to tap into the offshore market’s “considerable” growth potential.