Asset Management
What's New In Investments, Funds? - RWC, Stonehage Fleming, Others
The latest offerings in investments, such as funds and structured products, and other notable developments.
RWC Partners
RWC Partners
has launched an open-ended investment company version of the RWC
Global Emerging Markets UCITS fund. The plan is to bring the
underlying strategy to the UK wholesale market, the firm
said.
The equity fund, holding between 50 and 70 stocks, will be
managed by John Malloy and expands RWC’s OEIC range beyond the
existing TM RWC UK Equity Income Fund and TM RWC Global Equity
Income Fund.
The TM RWC Global Emerging Markets OEIC, which is based on the
UCITS version launched in 2015, delivered returns of 60.3 per
cent and 9.6 per cent net of fees over one and three years,
outperforming the index by 27 per cent and 10.5 per cent
respectively.
Stonehage Fleming
Stonehage Fleming Investment Management, part of multi-family
office Stonehage Fleming,
has launched its Global Sustainable Equity Fund.
The fund will replicate the equity part of the firm’s Global
Sustainable Investment Portfolios (GSIP). Launched in 2019, the
fund has returned 39.42 per cent for the 19 months ending 30
April 2021 versus the global equity benchmark, MSCI ACWI at
+23.04 per cent (sterling). It has attracted more than $106
million in assets from private and professional investors.
UBS
The wealth management arm of UBS has launched the Multi
Managers Access II – Future of Earth fund.
Investing in companies addressing environmental issues and
related challenges, it focuses on people, health, communities;
sustainable energy, land and water. The fund seeks to select
companies which are due to benefit from long-term sustainability
trends, such as consumer preferences shifting towards more
sustainable products.
The fund, which is aligned to United Nations Sustainable
Development Goals (UN SDGs), takes into account environmental,
social and governance (ESG) risks and opportunities throughout
the investment process, UBS said in a statement.
UBS added that the offering uses the skills of a number of active
equity firms for each of its four investment themes: Allianz
Global Investors, Pictet Asset Management, Polar Capital, and
Robeco.
The fund’s investment universe consists of equities of small,
medium and large-cap companies in developed and emerging markets
globally.
This is the fourth fund that UBS GWM is launching with a thematic
approach, following the Digital Transformation Dynamic, Digital
Transformation Themes, and Future of Humans funds, which were
made available to investors in 2020.
The fund is available in Austria, Belgium, Denmark, Finland,
Germany, Italy, Luxembourg, the Netherlands, Norway, Spain,
Sweden, Switzerland, and the UK.