MiFID II rules which classify non-UCITS funds as 'complex' products could force multi-asset vehicles to change structure and restrict their investment horizons.
Edinburgh-based boutique Aubrey Capital Management, which was founded in 2007 by a group of former First State managers, has launched a concentrated global emerging markets fund with an initial $50m of seed money.
Nick Cumming, director at Technical Fund Marketing, explains the regulator's plans around the introduction of key information documents for PRIIPs, what this means for product providers with funds on life platforms, and why the industry may not be ready...
Consensus on disclosure still a way off
UCITS V rules ‘address problem that doesn’t exist’
The energy infrastructure sector in the US has outperformed major equity and bond benchmarks over the past five years, posting annualised total returns of 32%, compared to 19% for the S&P 500.
WisdomTree, one of the largest passives providers in the US, is to launch its first ETFs in the UK by the end of the year as part of its push into Europe.
Discretionary fund managers are facing growing pressure to standardise managed portfolio fees as the FCA considers warning advisers against using any service where costs are not clear.
BNY Mellon Investment Management has launched the BNY Mellon Absolute Insight fund, a UCITS product for European investors which mirrors the £692m Absolute Insight fund.