Henderson profits boosted by 5bn in net inflows
Despite a 16% increase in underlying expenses, the asset manager remains positive about the second half as retail net inflows continue to grow.
Despite a 16% increase in underlying expenses, the asset manager remains positive about the second half as retail net inflows continue to grow.
Swiss asset manager and private banker Mirabaud recorded substantial inflows from Spain, the company said in its statement for 2013.
Legal & General Investment Managers has registered its SICAV funds for distribution in Germany for the first time.
Sales of Henderson’s SICAV range accounted for over half of its total inflows in a strong first quarter, generating more than UK OEICS and US mutual funds combined.
Nordea Asset Management, an arm of Stockholm-based Nordea Bank, has added four new funds to its Nordea 1 Sicav range, as it continues to expand its presence in the discretionary space.
UK-based real estate bridging finance fund manager Montello is set to launch a Luxembourg fund, in response to what it says is "strong demand" from international advisers and investors.
Mike Buhl-Nielsen and Stephen Pearson have switched roles on the Jupiter Europa Sicav as Pearson’s responsibilities increase in his role of deputy CIO.
FMG, a specialist in emerging market funds based in Bermuda and Malta, is launching an ‘umbrella fund’ Sicav for use by third parties interested in cost-efficiently launching their own funds.
New rules that would oblige investment funds domiciled outside of the UK to provide clean share classes to the British market if they wish to continue to market there after January 2014 are attracting growing concern from cross-border asset managers.
Lion Global Investors has launched three Asian-themed Sicavs aimed at European investors looking for income.
Russian investment group Troika Dialog will launch a Luxembourg-domiciled Sicav containing two funds aimed at international investors.
Franklin Templeton has received approval from the Commission de Surveillance du Secteur Financier (CSSF) to launch its first global convertible securities Sicav, a fund similar to a US strategy it has been running for nearly 25 years.