Hartford Funds has launched its first closed-end interval fund, the Hartford Schroders Opportunistic Income Fund, which expands the opportunity set for investments within Hartford Funds’ fixed income product suite to include a broad range of securitised investments.
Launches & Fundraising
Amundi’s CPR Asset Management (CPR AM) has launched ‘Smart Trends’, a fund that seeks to benefit from the long-term growth offered by thematic equities within a cautious and flexible multi-asset framework.
Brown Advisory, a USD76 billion, employee-owned, global investment firm, has launched the Global Leaders Sustainable Fund under its Dublin-UCITS umbrella.
Frost Investment Advisors, a wholly owned subsidiary of Frost Bank that provides investment management services to the Frost mutual funds, institutions and high net-worth individuals, has launched a new fund called the Global Bond Fund.
In a very quiet week for ETF launches we have just two new funds to report from Global X and Invesco. The new Global X offering is the Global X Video Games & Esports ETF which tracks Solactive’s ARTIS-based Video Games & Esports Index, while the Invesco fund is the MSCI Kuwait UCITS ETF which offers exposure to approximately 85 per cent of the country’s market capitalisation.
Broadening their range of sustainable equity strategies, NN Investment Partners (NN IP) and Irish Life Investment Managers (ILIM) have introduced three new enhanced index funds, offering investors a way to invest responsibly while closely tracking an established stock index.
Mirabaud Asset Management is to offer a new solution for Euro based investors with a new Fixed Maturity Emerging Markets Debt strategy. This new offering will follow the successful inception of a USD100 million 2024 Emerging Market debt strategy launched earlier this year.
RWC Partners has launched the RWC Diversified Return Fund after the hiring of the senior members of multi-strategy specialists Agilis Investment Management LLP.
Bonds on ether side of the ongoing Sino-American trade war are the focus of two of this week’s new ETF launches, GSAM’s Chinese Government Bond ETF and Pacer ETFs’ US Bond ETF. Elsewhere, a mixed bag of new funds includes biotech and fintech ETFs from Invesco, an emerging markets equity fund with an ESG slant from DWS, and NBI’s Active Unconstrained Fixed Income ETF.
Independent asset manager Albion Capital is seeking to raise up to GBP34 million through top up offers for five of its venture capital trusts.