Franklin Templeton shuts three funds; teases upcoming products
Franklin Templeton has announced it will be shutting three of its Oeic products, while hinting it has other investment offerings in the pipeline.
OEIC
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Post-Brexit Luxembourg expansion for Columbia Threadneedle
Columbia Threadneedle Investments is looking to beef up its presence in Luxembourg prior to the UK leaving the European Union.
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Barings AM launches absolute return fund
Baring Asset Management has launched the Baring Dynamic Absolute Return Fund, an Irish authorised open ended investment company (Oeic) with Ucits status.
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Singapore plans regulation to attract domiciled funds
The Monetary Authority of Singapore (MAS) is considering a new regulatory structure to accommodate open-ended investment companies (Oeics) in a bid to encourage more asset managers to domicile funds in the city-state.
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Malta’s Merill launches total return income fund
Merill Sicav, a Malta-based multi-fund investment company, has launched its first sub-fund, called the Merill Total Return Income Fund, aimed at both retail and institutional investors.
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lester joins argonaut as it targets overseas
Argonaut, a London-based boutique fund manager that was originally part of the Ignis group, is nearing the end of a restructuring that will see it become operationally independent of Ignis in ten days time, add a number of high-profile executives including ex-Neptune strategic partnerships head John Lester, and target overseas markets.