Tag Archives: domiciled

http://www.ft.com/cm…l#ixzz2fQo4q0Qj ● Host Capital has launched what it claims to be the UK’s first fully authorised and domiciled currency fund. Its Global Currency fund, structured as an Oeic and aimed at discretionary wealth managers and IFAs, will follow the output of the six systematic strategies that comprise the Citi Carry & Value index. ● Prestige Fund Management and Methexis Capital have joined forces to create Commercial Finance Opportunities, a fund specialising in secured lending to private UK companies. The Luxembourg Sicav is available to experienced investors with at least €125,000 to spare. ● Legal & General Investments has unveiled five risk-targeted multi-asset funds that will gain exposure to equities, bonds and property through a series of in-house passive funds, keeping the annual management charge to just 0.25 per cent. ● Invesco Perpetual is also launching its first multi-asset strategy, the IP Global Targeted Returns fund. The vehicle, managed by a newly assembled team, will target a gross return of 5 percentage points above UK Libor on a rolling three-year basis. ● Cordea Savills has unveiled its first German Spezialfonds. Real Invest 1 raised €65m from a group of German insurers before its first close and will buy offices or mixed-use buildings in the seven largest German cities. ● France’s Zencap Asset Management has launched a fund investing in mezzanine real estate debt across western Europe. ● Investec Asset Management has registered a selection of its Global Strategy fund range in Belgium. ● Over in ETF land, State Street Global Advisors’ SPDR arm has listed three short-duration bond ETFs in London and Frankfurt. ● Vanguard has listed its US Dividend Appreciation Index ETF, as well as a Canadian dollar-hedged version, in Toronto. ● db x-trackers has unveiled a US dollar-hedged version of its MSCI Japan Index Ucits ETF in London. Continue reading →