Turtle Creek Asset Management, a Canadian independent investment management firm with a 24-year history, has announced the launch of its first UCITS fund. The fund will make available to qualified European investors Turtle Creek’s North American mid-cap public equities strategy.

Independent wealth management firm Stanhope Capital Group has announced what it describes as an important step in the development of its activities in Switzerland.

Radiant Financial Group, the consolidator of IFA firms, has entered the Scottish market after acquiring two independent financial adviser businesses, adding over GBP300 million to the group’s assets under advisement (AUA) which is now in excess of GBP1 billion.

The final days of summer saw a range of ESG ETF launches from Ossiam in Europe while in the US, BlackRock launched a metaverse fund and a suite of BuyWrite funds based on baskets of fixed income securities.

In our two weeks away from the newsletter schedule, we have posted a lot of ETF launches even though it’s supposed to be the quiet time of the year.

Another quiet week for launches but 21Shares has added a metaphorical puffer coat to its protection against the crypto winter with the launch of risk-controlled exposure to bitcoin and Ethereum and we have two new entrants into the European ETF white labelling offering – Leverage Shares and Waystone.

A flurry of launch activity from VanEck this week brought us their space and future of food ETFs, plus their new CLO ETF, while the crypto winter, as the downturn in crypto asset prices is being called, brought a special crypto winter suite from 21Shares.

Despite market conditions, cryptocurrency products continue to dominate launches with ProShares launching a US Short Bitcoin-Linked ETF this week, and Osprey launching a US publicly traded Solana Fund.

The summer lull continues in ETF launches with just three to report.

Amundi writes that in an increasing complex and changing world, investors have expressed a critical need to better understand their environment and the evolution of investment practices in order to define their asset allocation and help construct their portfolios.