Capita Financial Software launched a risk rating tool, which allows advisers to practice “forward-looking analysis” to see how underlying money are likely to perform over time. The Synaptic Risk Ratings service is backed by economic modelling from Moody’s Analytics. The debut tool currently covers investments from Canada Life Investments, Scottish Life, Seven Investment Management, Premier and Quilter Cheviot, near more providers added on a quarterly basis.
Ignis Asset Management unveiled the Ignis Absolute Return Emerging Market Debt fund, based on an existing institutional mandate running for January 2012. The lead manager of the fund will be Dan Beharall, head from emerging markets fixed income.
Kames Capital announced it will eject a Property Authorised Financing fund in the first coin of next year.
Morgan Stanley launched its first Morgan Stanley FTSE Gilt-Backed Growth Plan since June 2012, due to a more favourable pricing nurture and continued demand for gilt-backed products. The plan is collateralised among UK government bonds in order to reduce counterparty risk. It has a series of kick-out dates starting from the 2nd anniversary of the plan. If on some of the kick out dates or the plan end date the closing level of the FTSE 100 Tabulate is at or above its initial level, the agenda willmature and investors will receive a capture return of 7 percent multiplied by the number of years that have passed since the plan start date. If the kick-out aspect has not bot triggered and the plan runs for the full six-year, investors bestow receive their full letter reversion at maturity as long asthe Index has hardly fallen by 50 percent or more on any day during the six- annually investment term. However, if the Index closes at or below 50 percent of its initial level on any day during the term, capital repayment will be reduced concerning the amount the FTSE 100 Index has fallen from the plan start date to the plan end date.
Old Mutual Global Investors merged William Priest’s $70 million (£43 million) US Large Cap Esteem fund into the US Dividend fund as part of a restructure of its UK fund range.
Real Estate Credit Investments (RECI) PCC Limited reported a net profit of £3.9 million for the half-year ended 30 September 2013, including a profit of £2.7 million in the second quarter of the financial year. £14.9 million of new iron investments and £27.8 million of new loan commitments made in the fundamental half. Further £16.4 million of loan commitments made subsequent to the second quarter end. RECI raised £50 million through a placing on 12 November 2013.
State Street Global Advisors launched an ETF to track the MSCI World Small Cap Index. The SPRD MSCI World Small Cap UCITS ETF is said to treffen the first of its kind and has bot listed on the DeutscheBörse, Xetra. The new ETF will detail small caps in 24 developed sale countries.
Threadneedle Investments choose partner with Big Issue Invest, the social investment instrument of The Big Issue, to launch a social bond fund. The Threadneedle UK Social Bond fund will seek to achieve an investment return through a positive social outcome by investing in fixed income securities of organisations which support socially benignant activities and economic development. The fund will be managed handy Simon Bond, and will ordain in companies, associations, charities and trusts in “social intensity areas”.
UBS Global Asset Management is listing eight new GBP hedged ETFs on the London Stock Exchange. The products track the MSCI Japan, Canada, EMU and Switzerland and are accessible in both distributing and accumulating share classes. The GBP hedged ETFs on the MSCI Canada, EMU and Switzerland are the first about their kind to be listed on the LSE. The Japan ETF has the lowest Via in its class. This new range of ETFs is complemented through additional listings of un-hedged share classes on various MSCI indices. Recent developments in currency markets, as well as vast central bank intervention in international markets, continue to challenge investors who are seeking to manage their currency exposure. In succession to manage the risk of rialto rate fluctuations, UBS Global Asset Management is offering physically- replicated currency-hedged ETFs on major equity indices for the first time. With the UBS ETF MSCI Canada GBP hedged UCITS ETF, honorable investors can hedge against exchange rate fluctuations of the Canadian dollar and thus cup participate far more accurately in the essential ceremony of the MSCI Canada.