w/c 31 October
By Adam Cadle
News in brief, product launches and mandates from this week
First State Investments has launched the First State Emerging Markets Bond Fund, a UK ICVC available to investors in the UK and Europe. The Fund will aim to achieve a combination of income and capital appreciation through investing predominantly in hard currency debt securities issued or guaranteed by governments, financial institutions or companies in emerging markets.
Ashmore Investment Management Limited has announced the launch of the Ashmore SICAV emerging markets global equity fund and the Ashmore SICAV emerging markets global small-cap equity fund. The global equity fund will invest in equities issued by corporate and quasi-sovereigns where as the small-cap equity fund will invest in equities issued by small-cap corporates with a market cap of up to US $2bn.
Jose Mourinho and Henderson Global Investors have teamed up in a new advertising campaign which will run in the UK and countries across Continental Europe. The campaign will feature Mourinho in outdoor, online, national and trade press.
ING IM believes that the Greater China region presents strong returns opportunities due to its superior fiscal position in relation to other major economies. Public debt is currently running at just 18% of GDP compared to the US (59%), UK (77%), Germany (79%) and Japan (226%).
Other stories you may find of interest:
EC chooses Hewitt to carry out pan-European pension fund study
The European Commission has selected Hewitt Associates to conduct a feasibility study and advise on the establishment of a pan-European pension fund for researchers
Sophie Baker
The Universities Superannuation Scheme (USS) has chosen UBS Global Asset Management - Fund Services to provide hedge fund of funds administration services
EC's OTC Derivatives consultation met largely with praise from industry
The Investment Management Association (IMA) has welcomed the European Commission's consultation of OTC Derivatives, which aims to improve market infrastructure and to ensure an efficient, safe and robust derivatives market
