BNY Mellon Investment Management has launched a UCITS Dynamic Total Return Fund, giving European investors access to its successful investment strategy which aims to keep pace with global equity markets while managing volatility and cushioning any market falls.
Net assets in UCITS funds broke through the €9trn (£6.42trn, $9.97trn) mark for the first time in March, according to the latest data from the European Fund and Asset Management Association (EFAMA).
Local demand for income investments, a simplified registration process and the ability to add an RMB share class were good enough reasons to launch the locally-domiciled products, Gerry Ng, CEO of Asia ex-Japan, told Fund Selector Asia.
Peter Bourne, managing director of the Jersey-based international arm of Ashburton Investments, says the boutique fund manager is not constrained by geography as it continues to widen its distribution.
Luxembourg-domiciled fund manager VAM Funds has entered the South African market, launching 11 funds in the region.
London based SW Mitchell Capital has described plans to more than double its assets under management with an increased focus on investors in a broader variety of jurisdictions, including the US.
East Capital said its UCITS-compliant China fund has become the first to be allowed to invest up to 100% of its portfolio in Chinese A-shares through the Stock Connect program.
Net sales of European investment funds reached an all-time high of 601bn (£443bn, $685bn) in 2014 with UCITS sales almost doubling, a report revealed today.
Hedge fund investment specialist, Stenham Asset Management, has unveiled a UCITS-compliant macro fund of funds.
Little could the creators of UCITS have known that, nearly 30 years on, there would have been tremors in Asia that would threaten the growth of this £6trn behemoth.
Sales of UCITS dropped sharply by 17bn (£13bn, $20bn) in November, despite a surge in the sale of European long term funds throughout the month.
East Capital has launched a new frontier markets fund focused on “young and fast-growing” markets with an emerging middle class and strong consumption growth.
