Fund Management
What's New In Investments, Funds? - Schroders, Robeco, Others
The latest offerings in investments, such as funds and structured products, and other notable developments.
Schroders
Schroders has
launched its Islamic Global Equity Fund, a diversified investment
strategy which combines Shariah Law compliance with multi-factor
investing.
The fund seeks to outperform the Dow Jones Islamic Market World Index over a three- to five-year period and will be run by the Schroders Systematic Investments.
Robeco
Robeco has launched two
low-carbon fixed income strategies domiciled in Luxembourg,
available to institutional and retail investors via wholesale
distributors on registration.
The RobecoSAM Climate Global Credits will invest globally in corporate bonds with explicit targets that contribute to the Paris climate goals. The strategy starts with a 50 per cent lower carbon footprint than the broader corporate bond market and aims to decarbonize 7 per cent a year. Victor Verberk, Reinout Schapers and Peter Kwaak from Robeco’s global credit team will manage the fund.
The second RobecoSAM Climate Global Bonds strategy is a global aggregate portfolio of fixed income assets aiming for a lower carbon footprint relative to global investment grade bonds; it also has a 7 per cent a year decarbonization target. The bonds' strategy will be managed by Jamie Stuttard, Regina Borromeo, and Bob Stoutjesdijk in Robeco’s global fixed income macro team.
The firm says both strategies will be measured against
newly-created climate indexes, developed jointly by Robeco and
Solactive. The Dutch asset manager recently announced its goal of
achieving net-zero emissions by 2050 across all assets under
management.
Amundi
Amundi, which is a
subsidiary of the Crédit Agricole group, made a number of senior
appointments in Europe. It named Christian Pellis as CEO of
Amundi in Germany; Philippe d’Orgeval has been appointed CEO of
Amundi in the UK, Laurent Guillet has been named head of
solutions and services department within the distribution and
wealth division at Amundi in Paris. Thierry Ancona has been named
head of third party distribution.
In Asia, the firm named Xiaofeng Zhong as chairman of its
Greater China business. Xiaofeng Zhong joined Amundi Hong
Kong Limited in November 2011 as deputy chief executive, sales
and marketing, and was appointed CEO, North Asia in September
2012.