Franklin Templeton is launching an Africa fund for veteran investor Mark Mobius, making it the latest fund group to test investor appetite for the world's second-largest continent.
Allianz Global Investors has announced plans to make its Income and Growth fund available to UK investors through the launch of a sterling hedged share class at the end of the first quarter.
Dexia, the bank bailed out by the French, Belgian and Luxembourg governments, loaned €1.5bn to two of its investors who then used the cash to buy shares in the company, it has been claimed.
Martin Currie is to launch a global emerging markets fund as it moves the rest of its SICAV range to UCITS IV.
Pictet Funds is launching an environmental fund based on its thematic approach to investing.
A LINE IN THE SAND
HSBC Global Asset Management is to launch a Ucits III European absolute return fund next month.
Investment boutique VAM Funds is seeking Ucits authorisation for two funds in Luxembourg, to distribute them in the UK.
Investec Asset Management has launched three new funds for its Luxembourg-domiciled GSF range - which utilise full Ucits III powers in the energy, natural resources and currency sectors.
BlackRock has reduced the annual management charge on the retail share classes of six Luxembourg-listed funds by 25 basis points.
With the Keydata debacle, have investors' concerns switched from counterparty to provider risk?