Luxembourg

Pictet Asset Management has launched a Luxembourg-domiciled UCITS compliant fund, investing in EUR high yield short-dated bonds.

Luxembourg-based Julius Baer Absolute Return Europe Equity Fund, has launched a sterling share class.

The European Commission has officially asked Luxembourg to change its rules on VAT in the case of independent groups of persons, saying the principality's current rules are incompatible with EU law.

Pioneer Investments has launched a Luxembourg-domiciled multi asset fund to hedge inflation. The fund aims to gain exposure to a broad spectrum of traditional financial securities and real assets through closed end funds, rather than single asset classes....

American Century Investments has launched the American Century US All Cap Growth Fund as part of its Luxembourg-registered UCITS III fund range.

UK fund management firm, Fundsmith, is to use the recent UCITS IV legislation allowing them to launch a regulated SICAV feeder fund in Luxembourg.

Threadneedle's new US contrarian fund will target large cap US stocks in the bottom third of their 52-week price range.

Lucent Group says the supportive political and demographic fundamentals in the UK is set to see the outperformance of land as asset class.

Demand from advisers has prompted VAM to launch a Sterling share class for its Luxembourg-based VAM US Mid Cap Growth Fund.

A new Luxembourg-based UCITs compliant fund will offer exposure to those world economies showing the highest sustainable long term growth prospects.