The New Capital Sustainable World High Yield Bond Fund is the first ESG fund offered by the asset manager.
Very high market volatility and falling interest rates are creating an attractive environment for fixed maturity products.
EFG joins the consensus that basically expects a continuation of market conditions from 2017, and the firm maintains overweights on the US, Japan and EM equities.
EFG Asset Management launches an Asia-focused digital fund, while Franklin Templeton joins the smart beta bandwagon.
Hermes hires new member for its APAC business development team; EFG partners with GQG Partners to distribute an EM fund; Capital Group and Samsung AM launch a retirement income solution in Korea; HSBC plans to roll out a robo-advisor in the UK; China’s new cyber-security law comes into force; and others…