The opening is part of the Canadian group's strategy to expand its wealth and asset management business.
ICI, a US asset management industry lobby, has released its first report on European UCITS fees.
The most of Austrian investors' assets was in alternative investment funds as of 30 August 2019.
But most of them don’t grant any discounts at all, a e-Vestment survey found.
The fund targets primarily software firms and data specialists
AuM in the Swiss fund market fell 0.3% month-on-month in August.
AuM in Portugal's Ucits fund market reached €11.55bn.
The Copenhagen-based arm will be led by Per Lawӕtz Hansen.