UCITS
Pictet adds long/short global equity fund to range
Pictet Asset Management has added a long/short global equity fund to its total return range.
Wells Fargo adds US small cap and equity Ucits to range
Wells Fargo Asset Management has launched two Luxembourg-domiciled Ucits funds: the Global Focused Equity and US Small Cap Value funds.
Mirae launches first-sharia compliant fund
Mirae Asset Global Investments has launched a sharia-compliant version of its flagship Mirae Asia Sector Leader Equity fund.
Argonaut launches European income fund
Argonaut Capital is set to open a long-only, high-yield European income fund targeting companies yielding 30% above the index after its first year, subject to regulatory approval.
Alternatives | 19 Oct 16
Why is there a lack of good alternative Ucits funds?
Returns from alternative Ucits funds have been disappointing over the past couple of years. But perhaps fund selectors have to blame themselves for this.