UCITS
Edmond de Rothschild rolls out range in UK
Edmond de Rothschild Asset Management is bringing much of its new Luxembourg-domiciled fund range to the United Kingdom.
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.
EFG Hermes launches its first Ucits funds
Egypt and Middle East-based investment bank EFG Hermes has launched its first Ucits funds, one of which sees its debut into frontier markets.
ALFI sees Brexit uncertainty but Chinese opportunity
Asset managers with an anchor in Europe most likely won’t be losing too much sleep over the prospect of the UK leaving the EU, but they should still be preparing for the coming uncertainty, says ALFI.
ESMA finds strong evidence of ‘closet tracker’ funds
The European Securities and Markets Authority (ESMA) said a study it undertook found that up to 15% of large, actively-managed Ucits equity funds are potentially just tracking the underlying market index.