A survey of UK pension funds and insurers that collectively oversee GBP359.82 billion in assets, commissioned by AlphaReal, the specialist manager of secure income real assets, found that 90 per cent plan to increase their allocation to renewable energy in the next 12 months, while the remaining 10 per cent say they might make increases.
Eric Sturdza Investments has launched the Strategic Vietnam Prosperity Fund, writing that this provides exposure to an Asian equity market that is poised to record significant economic expansion.
BlackRock has revealed that the BlackRock ICS Euro Government Liquidity Fund (L-ILG) has exceeded EUR1.8 billion in AUM, representing +792 per cent one year growth.
The firm writes that the new fund benefits from synergies of BNP Paribas’ diversified model: close collaboration between BNP Paribas Asset Management, BNP Paribas Corporate & Institutional Banking and BNP Paribas Cardif.
BlackRock Private Markets has raised EUR774 million (USD844 million) in initial investor commitments for the BlackRock Europe Property Fund VI (“EFVI” or the “Fund”) at its first close, with capital provided by a diverse set of global institutional investors, including new clients and LPs from prior vintages.
A new survey conducted by the independent global investment consultancy, bfinance, on the topic of endowment and foundation investment has revealed a challenging investment climate, asset allocation intentions, and the importance of ESG. The Endowment & Foundation survey, dated November 2023, features data from 61 asset owners from 16 countries.
Sustainable infrastructure is proving an attractive asset class for long-term investors with an eye on the green transition. According to figures from the Bloomberg New Energy Finance Renewable Energy Investment Tracker, in the first six months of 2023, investors channelled USD358 billion of new capital to renewable energy projects.
Digital asset business Fineqia International has announced its strategic investment in Criptonite Asset Management SA, a digital asset management firm, regulated by the Swiss Financial Market Supervisory Authority (FINMA).
Jupiter Asset Management has announced that it has hired Adrian Gosden and Chris Morrison. They will join in January 2024 from GAM where they co-manage the ~GBP400 million GAM UK Equity Income Fund.
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