News
Aberdeen raises £115m for residential property fund
Aberdeen Asset Management has raised £115m ($152.2m, €136m) of equity from UK pension funds to invest in the fast-growing UK private rented sector (PRS).
Nikko AM to launch global credit Ucits fund
Japanese fund group Nikko Asset Management plans to launch a Luxembourg-domiciled Global Credit Ucits fund on Wednesday which will invest in a worldwide portfolio of corporate bonds and target a 4% absolute return.
Novia Global adds multi-currency ETFs to platform
Novia Global, the online wealth management service, has added multi-currency exchange traded funds in sterling, US dollar and euro to its platform.
United Kingdom | news 1 Aug 16
Ex-boss of failed UK platform Avalon charged with fraud
The former boss of collapsed UK platform Avalon Investment Services is to appear in court next week in connection with alleged fraud offences, British authorities have confirmed.
Commodities | news 1 Aug 16
Commodity-focused trusts top Q2 performers – QuotedData
The best performing UK trusts in the second quarter of 2016 were focused on commodities and natural resources, Vietnam and Latin America, according to investor research group QuotedData.