In a quiet week for new ETF launches, last week’s green theme continued with the debut of the First Trust EIP Carbon Impact ETF. Elsewhere, Ossiam launched the US Steepener ETF which tracks a Solactive index designed to give investors the chance to benefit from a potential steepening of the US Treasury yield curve…
Launches & Fundraising
There’s a definite green theme to this week’s new ETF launches with a renewable energy fund from BP Capital Fund Advisors, a suite of three ETFs with a focus on sustainable investing from UBS Asset Management, and bang on trend, what Beyond Investing says is the world’s first vegan-friendly and climate conscious ETF. Elsewhere, BNP Paribas debuted two new funds offering access to the largest listed companies in the US and Europe.
Aberdeen Standard Investments (ASI) has launched a new Emerging Market Local Currency Debt Fund for Australian investors.
Summer lull? What summer lull? A bumper week for ETF launches saw Invesco and UBS launch funds with a focus on EGS/sustainability, while new offerings from BetaShares and HSBC provide investors with access to the Indian and Saudi Arabian markets, respectively. Elsewhere, Innovation Shares debuted a new cannabis ETF while BlackRock’s latest iShares fund offers access to European government bonds.
Pictet Asset Management has added a new fixed income strategy to its USD10 billion actively managed total return franchise – the Pictet TR-Sirius fund. The strategy employed by Sirius is liquid global macro emerging market (EM) long-short fixed income.
Fixed income investment firm PIMCO has expanded its range of ESG solutions with the PIMCO GIS Emerging Markets Bond ESG Fund.
Private investors have committed GBP8 million to a specialist fund targeting the rapidly-growing alternative lending market, through Connection Capital, a specialist private client investment business.
The summer lull is definitely here in terms of ETF launches with just three new funds to mention this week. The first is a new iShares ETF from BlackRock providing investors with access to the Chinese bond market, while Unicredit debuted two new funds, both with a focus on sustainability…
Kennedy Capital Management (Kennedy Capital), a provider of investment management services to pension funds, endowments, foundations and high net-worth individuals, has launched a small and mid-cap (SMID) mutual fund optimised for Environmental, Social and Governance (ESG) principles.
Tortoise launches suite of UCITS funds focused on energy transition, sustainable infrastructure and water
Tortoise has launched three UCITS funds – the Tortoise Energy Transition UCITS Fund, the Tortoise Sustainable Listed Infrastructure UCITS Fund and the Tortoise Sustainable Global Water UCITS Fund.