News
EI Sturdza launches actively managed strategic beta flex fund
EI Sturdza Investment Funds has launched a Dublin-domiciled Strategic Beta Flex Fund that invests in a globally diversified portfolio of equity funds and reduces volatility by partially or fully hedging the underlying market exposure.
North America | news 18 Jan 17
BlackRock fined $340k for removing whistleblower incentives
BlackRock has agreed to pay $340,000 (£278,844, €318,931) to settle charges that it forced soon-to-be ex-employees in the US to waive their ability to claim financial rewards for whistleblowing.
Gibraltar ‘well prepared’ for hard Brexit despite jobs warning
Gibraltar has said it is “well prepared” to handle the fallout from a hard Brexit, adding it could provide “significant opportunities” for the British overseas territory, after UK prime minister Theresa May confirmed on Tuesday that the country will pull out of EU single market.
Alternatives | news 18 Jan 17
Columna Commodities Fund suspends redemptions
The Columna Commodities Fund, which “officially” invested in a range of commodity-linked assets, has suspended redemptions due to a failure to liquidate two of its investments.
JP Morgan AM adds Europe high yield short duration bond fund
JP Morgan Asset Management has launched a Ucits fund for investors looking to maintain their holdings in fixed income and limit their exposure to rising rates, while still achieving a reasonable level of income in the current low interest rate environment.