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Investment | news 15 Jan 16
From sustainable ETFs to UK infrastructure: the week in product news
Blackrock, JP Morgan, Bluebay, AXA, Wermuth and GCP all launched new products this week.
L&G consolidation continues with Suffolk Life sale
Legal & General has further rationalised its offering by announcing the sale of Sipp provider Suffolk Life to Curtis Banks Group. The move follows L&G’s recent decision to dispose of non-core businesses, which saw it withdraw from France, Ireland, and Egypt in 2015.
Staying top quartile – it’s nearly impossible for US equity managers
US equity funds have a hard time in beating their peers on a sustained basis. Only 4.28% of 678 US equity funds analysed by S&P managed to consistently finish in the top-quartile during three consecutive one-year periods from September 2012 to September 2015. So no wonder investors prefer the passive option.
Asia’s new fund flows double to $535bn in 2015
Total capital flowing into Asian investment products in 2015 hit $535bn, driven by mixed asset funds, according to Strategic Insight data.
BlueBay jumps on currency bandwagon with new Ucits fund
Global specialist fixed income manager BlueBay Asset Management has launched a new total return Luxembourg Ucits fund.