Norges Bank excludes four companies on ethical grounds
Norway’s central bank, Norges Bank, has excluded four companies from its Government Pension Fund on ethical recommendations by its Council of Ethics.
Blackrock amends derivatives policy on retail funds
Blackrock has written to investors to announce it is expanding the use of derivatives on its Luxembourg-domiciled retail fund ranges.
Investors pile into Vanguard ETF despite launch of cheaper rival
European investors have piled into a Vanguard ETF tracking the S&P 500, despite the launch of a cheaper rival tracking US large-cap companies.
Credit Suisse to transfer fund and manager to Lombard Odier
French-based Lombard Odier is to take over a Credit Suisse luxury product fund as part of a plan to expand into the sector.
Columbia Threadneedle to move EU client assets ahead of Brexit
Columbia Threadneedle Investments has launched 13 Sicav versions of Oeics ahead of the UK’s exit from the European Union as the asset manager prepares to switch EU-based investors out of its UK-domiciled range into Luxembourg-domiciled alternatives.