Tag Archives: nasdaq
New Funds: May 20
http://www.ft.com/cms/s/0/b106c054-bef4-11e2-87ff-00144feab7de.html#ixzz2U1nHMF00 ● Diapason Commodities Management is launching a ForestCare Investment fund, which will invest in forestry-related equities, bonds and derivatives, as well as forest plantations on a sustainable basis. Aimed at pension funds and institutional investors, the A class shares (€125,000 minimum investment) carry a 1.45 per cent management fee while the institutional class shares (€1m minimum investment) charge 95bp. ● Russell Investments has expanded its fund range with the Russell Absolute Return Bond fund (RARBF). ● RWC is to launch the RWC Global Horizon fund, a long-only unconstrained global equities fund. It will be managed by Louise Keeling who joined in April from Marathon Asset Management. Fees have yet to be finalised. ● Allianz Global Investors has brought to market the Allianz Europe Equity Growth Select fund, a concentrated portfolio of 30-45 stocks targeting structural growth ideas. The A share class carries a 1.5 per cent management fee and a 30bp administration fee. ● BlackRock is expanding its range of European corporate bond exchange traded funds with a new ETF focused on financial issuers. The iShares Barclays Euro Corporate Bond Financials ETF provides exposure to fixed rate, investment grade bonds issued by financial companies, and it carries a total expense ratio of 20bp. ● Cambria Investment Management has launched an ETF providing exposure to “yield-rich” US and international equities. The Cambria Shareholder Yield ETF, known as SYLD, carries an annual expense ratio of 59bp. ● Guotai Asset Management has brought out a Nasdaq 100 index that will trade on the Shanghai stock exchange, providing a new route for Chinese investors to the US stock market. Continue reading