Investment
Investment | 8 Mar 18
Robeco latest to stub out tobacco investments
Robeco has followed in the footsteps of BNP Paribas Asset Management to divest from tobacco across its fund range.
Franklin Templeton eyes European ETF expansion
Franklin Templeton has poached a smart beta specialist from Invesco Powershares for a newly-created senior ETF role as it looks to expand in Europe.
Fixed Income | 7 Mar 18
EEA investors to take 36% hit
Investors with run-off shares in the ill-fated EEA Life Settlements fund are projected to lose more than a third of the value of their investment by the time all shares are redeemed, the coordinator of the EEA Investors’ Group told International Adviser.
ESG strategy hits Norway’s sovereign wealth fund
Norway’s giant sovereign wealth fund has returned 1.6 percentage points less on an annualised basis over the last 12 years because it excluded some stocks on ethical grounds.
EEA shareholders set for $15m payment
There is some good news for investors in the beleaguered EEA fund after RL360° confirmed the scheme is distributing around $15.1m (£10.9m, €12.2m) to holders of run-off shares.