Funds rebadging as ESG reaches new heights
Asset managers are increasingly repurposing underperforming funds into ESG products to jump on the sustainable investing trend, but an announcement this week from Franklin Templeton Investments has taken the process to new heights as it repositions a global equities fund into a thematic climate change product.
Aberdeen Standard Investments to set up Dublin hub
Global asset manager Aberdeen Standard Investments (ASI) is to establish an investment and distribution business in Ireland to complement its existing Luxembourg operation and shore up its European offering ahead of Brexit.
Nordic fund platform, Kames Capital sign distribution agreement
Nasdaq’s Scandinavian fund platform, Nordic Fund Market, has signed a distribution agreement with UK fund manager Kames Capital to offer its range of 11 Dublin-registered funds.