UCITS

• PARIS, Feb. 1, 2024 /PRNewswire/ -- iM Global Partner (iMGP) has announced it has launched the iMGP Global Core Equity Fund, sub-managed by its Partner Richard Bernstein Advisors (RBA), a renowned asset allocation specialist based in New York.
• The iMGP Global Core Equity Fund is based on RBA's existing global equity strategy, which was launched 14 years ago.
• It currently has assets under management of just under USD3 billion and has proven to be popular with institutional investors looking for an active core global equity approach.
• This new fund provides access to RBA's global core equity expertise in a UCITS format, and it will be structured to invest directly in the underlying equities of their ETF global equity strategy, in order to appeal to a broader client base.

• LONDON, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Turtle Creek Asset Management Inc. (‘Turtle Creek’), a Canadian independent investment management firm with a 26-year history, is pleased to announce that assets for its Irish UCITS, Turtle Creek North American Equity Fund, a sub-fund of Turtle Creek UCITS ICAV, have now surpassed US$50m.
• Seed Class Shares will be available up to February 7th, 2024, after which Class I and O Shares will be offered.
• Liquidity for Turtle Creek North American Equity Fund is weekly on Wednesdays, and orders must be submitted and approved by the administrator on preceding Fridays.
• This is a marketing communication in respect of Turtle Creek North American Equity Fund, a sub-fund of Turtle Creek UCITS ICAV.

The European Securities and Markets Authority (ESMA), the EU financial markets regulator and supervisor, today publishes its sixth market report on the costs and performance of EU retail investment products. In this annual report ESMA finds that the average costs of investing in key EU retail financial products has declined by the end of 2022. However, cost heterogeneity persisted across EU Member States. Verena Ross, ESMA Chair, said: 

“ESMA’s annual reporting on the costs and performance of retail investment products provides a clear overview and shows developments across the EU markets. Costs and performance are key determinants of whether retail investors benefit from their investments, and whilst it is to be welcomed that the cost incurred by investors has slowly declined, retail investors still need to consider costs carefully in their investment decisions.”

“In 2022, investors were faced with a difficult environment characterised by lower returns and elevated level of inflation, accentuating the importance of the level of costs.  Clear, comprehensive and comparable information on retail investment products can help investors assess the past performance and costs of products offered across the EU and assist them in making well-informed investment choices.”

The key findings in the report are:

• Costs and performance of retail investment products are key determinants of the benefits for retail investors in the EU.
• Clear and comprehensive information on retail investment products can help investors assess the past performance and costs of products offered across the EU and foster retail investor participation in capital markets.  ESMA’s report helps to monitor progress in this regard by providing consistent EU-wide information on cost and performance of retail investment products.

Webinar

ESMA is organising together with the European Insurance and Occupational Pensions Authority (EIOPA) a joint webinar “ESMA’s and EIOPA’s Annual Cost and Past Performance Report” to share the findings of: 
The webinar will be held online on 10 January 2024, 10:30 – 11:30 CET.    Further information:

Solveig Kleiveland

• NEW YORK, Dec. 6, 2023 /PRNewswire/ -- Bloomberg today announced the launch of new green-tilted fixed income indices, which seek to increase weighting to green bonds in some of Bloomberg's flagship indices such as the Global Aggregate, Treasury and Corporate Indices.
• The "tilted" indices incorporate research from Bloomberg's ESG and fixed income data teams and offer investors an opportunity to incorporate and increase exposure to sustainable products while maintaining similar characteristics of the parent benchmark.
• The year-to-date return for the Bloomberg Global Aggregate 20% Green Bond Index is 0.75% above that of the parent benchmark, the Bloomberg Global Aggregate Index, showcasing the opportunity for additional returns for investors with an appetite for sustainability-focused investment.
• With Bloomberg's expanded offering, clients have more choices than ever to increase their weighting of green bonds while maintaining the fixed income exposure they expect with the flagship indices.