The Luxembourg-domiciled Africa Equity Opportunities Fund to be led by Paul Clark.
Despite the anticipated cost of regulation, 25% of fund platforms anticipate greater profit margins in 2013, according to research undertaken on behalf of the Fund Platform Group (FPG).
J.P. Morgan Asset Management has delivered Key Investor Information Documents (KIID) for its Luxembourg domiciled UCITS funds ahead of the 1 July 2012 deadline.
Ireland's Finance Bill 2012 provides further tax efficiency and certainty for funds established in Ireland.
The government has taken a step towards creating tax-transparent collective investment schemes (CIS) within the UK.
Fund launches reached a decade low last year as groups held back new products in the face of market volatility.
Waverton, J O Hambro Investment Management's fund range, has announced the removal of performance fees on its four Dublin-based equity funds.
A breakdown of total expense ratios (TER) reveals that UCITS fund managers retain on average 42% of fees and charges, while most of the remaining 58% is paid to distributors and on administration charges.
Demand from advisers has prompted VAM to launch a Sterling share class for its Luxembourg-based VAM US Mid Cap Growth Fund.
Castlestone has released a new statement emphasising the FSA's ongoing investigation into the firm does not relate to any criminal activity.