Launched in January, the new midcap fund of the pan-European giant has hit its hard cap, at €1.7bn.
The asset manager has created an infrastructure debt portfolio management team in Paris, to expand its range of real assets to include infrastructure debt financing.
The Investment Consultants Sustainability Working Group will seek to improve sustainable investment practices across the investment industry.
Despite the opportunity brought by the Covid-19 pandemic, only a half of active equity funds bested their average passive counterpart during the first half of 2020, according to Morningstar’s research.
The manager will side-pocket unpriceable fund assets into a side-pocket.
HSBC Pollination Climate Asset Management, a joint venture between HSBC Global Asset Management and climate change investment and advisory firm, Pollination Group Holdings Limited, promotes nature as an asset class of its own.
Law firm Harcus Parker is bringing claims on behalf of the investors of the LF Equity Income fund, formerly the Woodford fund, against Link Fund Solutions for failing to perform its role as the fund’s Authorised Corporate Director (ACD).
EFAMA, the European fund association, has launched the updated European Fund Classification (EFC), a pan-European classification system for investment funds. In an interview, Bernard Delbecque, Senior Director for Economics and Research and Thomas Tilley, Senior Economist, tell Asset News about the tool’s potential to increase transparency and become a fund classification standard for Europe.
The Nordic asset manager said that five energy majors – ExxonMobil, Chevron, BASF, Rio Tinto and Southern Company – have been excluded from all its funds for lobbying against the Paris Agreement.