ROUND-UP
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December, 2020
ASI launches income-focused fund
Aberdeen Standard Investments (ASI) has launched an equity fund aiming to deliver a premium, monthly income stream through the cycle, alongside capital returns. The Aberdeen Standard SICAV I – Global Dynamic Dividend Fund, which is managed by ASI’s global equities team, invests in a portfolio of 80-100 stocks worldwide, diversified across sectors and ...
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December, 2020
Close Brothers beef up sustainable bond range
Close Brothers Investment Management has launched a new sustainable bond fund and rebadged another in response to growing demand for products with a focus on environmental, social and governance principles. The Close Sustainable Balanced Portfolio Fund, which is managed by head of funds, Riitta Hujanen and investment manager, Richard Stroud, aims to ...
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October, 2020
Border to Coast secures £1.4 billion for infra investment
Border to Coast Pensions Partnership has secured £1.4 billion of commitments to infrastructure investments, providing exposure to the pool’s targeted investment themes, which include energy transition and emerging markets. The £46 billion pool has deployed £675 million of infrastructure investments from its first offering across eight funds ...
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October, 2020
Axa IM debuts multi-asset impact fund
Axa Investment Managers has launched its first multi-asset impact fund, aimed at investing in securities that demonstrate a positive social and environmental impact. The AXA WF Multi Asset Optimal Impact Fund aims to positively contribute to a large spectrum of the UN Sustainable Development Goals (SDG) to build a more sustainable future, with a focus on ...
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October, 2020
LGIM unveils secure income fund
Legal and General Investment Management has launched a range of secure income asset solutions aimed at UK defined benefit pension schemes looking for stable, long-term cashflows. The Legal & General Secure Income Assets Fund has an open-ended pooled structure subject to a lock-in period and targets return of Gilts +2.5% per year over a rolling three-year ...
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October, 2020
Woodford fund makes third capital return
Investors in the former Woodford Equity Income Fund have received the third capital distribution, which will take the total amount returned to £2.45 billion. Link Fund Solutions informed investors that they would receive £183 million, after the fund made available capital via the sale of a portfolio of assets to Acacia Research. Investors were also ...
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October, 2020
World’s first property exchange welcomes first IPO
Mailbox REIT hopes to become the first company to list its shares on International Property Securities Exchange (IPSX), the world’s first exchange dedicated to the trading of companies owning single, institutional-grade real estate assets. The company owns the Mailbox, a prime, office-led mixed use property in Birmingham and plans to raise up to ...
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October, 2020
Lombard Odier launches fresh China strategy
Lombard Odier Investment Managers (LOIM) has expanded its global high conviction equity product range, with the launch of a new China strategy that aims to capitalise on growing Chinese domestic demand for products and services. LOIM’s China High Conviction strategy invests in high quality companies with sustainable business models that have the ...
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August, 2020
Link offloads Woodford healthcare assets
Link Fund Solutions has sold 19 of the stricken LF Equity Income Fund’s healthcare assets in return for up to £224 million, as it seeks to wind up the fund and return capital to investors. The deal to sell “a significant portion” of the former Woodford Equity Income Fund to Acacia Research Corporation comprises both listed and unlisted stocks ...
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August, 2020
LGPS Central issues multi-asset credit mandate
LGPS Central has launched a search for active, global, multi-asset credit debt managers to manage their £660 million Global Active Multi-Asset Credit Fund. The fund will target a net return of between 3-5% above its benchmark, the three-month sterling overnight index average rate. Investments will be predominantly in global fixed and floating rate ...
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