Equities
Pictet AM unveils its first Hong Kong-domiciled fund
Pictet Asset Management has launched a multi-asset income fund, its first domiciled in Hong Kong, and has high expectations for emerging Asia equities over the next five years.
Morgan Stanley IM launches Global Brands Equity Income fund
Morgan Stanley Investment Management has announced the launch of the Global Brands Equity Income (GBEI) Fund, which will offer an enhanced income version of its existing Global Brands Fund in both Luxembourg Sicav and UK domiciled Oeic fund formats.
Rathbones to add UK income fund to Sicav range
Rathbone Unit Trust Management said it plans to launch an offshore version of the Rathbone Income Fund for investors based in Continental Europe.
BlackRock launches Asia absolute return fund
BlackRock has launched the Strategic Funds Asia Pacific Absolute Return Fund, which will aim to exploit the region’s “under-appreciated areas of strength.”
US equities: If you can’t beat them, join them
European investors have been dismissing US equities as too expensive for a couple of years. But as the S&P 500 continues to outperform other equity markets, appetite for the asset class is again on the rise.