VAM launches lower charging clean share class for fund range
Luxembourg-based asset manager VAM Funds has launched a clean share class option for its Ucits fund range.
UCITS
-
-
Benchmark huggers? Not in Luxembourg, claims regulator
There are no benchmark huggers in Europe’s biggest fund centre, Luxembourg’s financial regulator CSSF has claimed, “except one isolated case.”
-
Analysis: Are performance fees a fair deal?
Performance fees are often seen as a necessary evil. But the unambitious hurdle rates most funds employ mean fund managers also get rewarded for underwhelming performance. Is that fair?
-
Hong Kong and France strike deal on mutual recognition of funds
Hong Kong’s Securities and Futures Commission (SFC) and France’s Autorité des Marchés Financiers (AMF) have signed a memorandum of understanding linking their mutual fund markets.
-
Columbia Threadneedle expands US equity fund range
Columbia Threadneedle Investments is expanding its US equity fund range with the launch of the Threadneedle (Lux) US Disciplined Core Equities Fund in its Luxembourg Sicav.
-
US asset manager PGIM targets key European markets
PGIM Investments, the asset management arm of US insurer Prudential Financial, has registered a range of Ucits funds for sale in five new markets.
-
Cohen & Steers launches global preferred securities fund
US-based investment manager Cohen & Steers will launch a Sicav global preferred securities fund, a sub-fund of its existing Luxembourg Ucits platform, in mid-May.
-
Strong demand sees UBS cut fees on inflation-protected ETF range
UBS Asset Management has cut the fees on its new exchange traded funds (ETFs) which track a benchmark index for US Treasury Inflation Protected Securities (Tips) after recording $470m (£366.4m) of inflows in less than seven months.
-
Investors keep pouring money into commodities
European investors have increased their commodity exposure by investing $1.3bn (£1bn, €1.2bn) in broad commodity ETFs in 1Q17, this compares with $1.8bn invested in the whole of 2016, according to figures from ETF provider Source.
-
China’s Harvest Global launches its first Ucits fund
Harvest Global Investments (HGI), the international arm China’s Harvest Fund Management, has launched its first Ucits-compliant sub-fund, Harvest China Evolution Equity Fund.
-
Luxembourg shuns ‘aggressive’ Brexit plan to attract UK firms
Luxembourg, the largest domicile for Ucits funds, will not engage in a “race to the bottom” to lure UK-based asset managers that want to maintain their passporting rights when Britain leaves the EU, according to Anouk Agnes, deputy director general of the Association of Luxembourg Fund Industry (Alfi).
-
Fees on European funds ‘must come down’, warns regulator
Asset managers in Europe must reduce the cost of their products, Steven Maijoor, chair of the European Markets and Securities Authority (Esma) has warned.