Spanish asset manager Mapfre AM launched the Inclusion Responsable fund invested in European companies actively seeking to include persons with disability in their workforce. The firm argues this inclusion will contribute to firms' growth.
The manager bars customers of its investment platforms to invest in the Woodford Income Focus fund.
Bond funds turned in their 23rd consecutive week of net inflows, at about $16.8bn, according to data from Bank of America Merrill Lynch.
Net new money was poured into bond and equity funds.
Despite plans to cut 101 jobs in the Grand Duché, State Street leads the pack in fund administration and other segments, according to a Monterey Insight study.