Today, a global financial services provider, the Prescient Group, celebrates its 25-year anniversary this month after opening its doors in 1998 as a small business located in the stables of the Alphen Hotel in Cape Town.
Delivering Global Custody and Depositary Services to ETF Specialists Serving Family Offices, High Net Worth and Retail Investors Northern Trust (Nasdaq: NTRS) has been appointed by Omba Investments
Laurium Capital launches Irish UCITS Africa bond fund
South Africa hedge fund managers Laurium Capital has launched its first Irish-domiciled UCITS fund, the Laurium Africa USD Bond Fund, on the Prescient Global Funds ICAV platform.
The fund seeks to generate long term capital growth with low volatility and low correlation to equity markets by primarily investing in African (ex-South Africa) sovereign USD debt.
Related articles
Its reference benchmark is The Standard Bank Africa Sovereign Eurobond (excl. South Africa) Total Return Index.
African Eurobonds currently provide access to a liquid asset class which is offering some of the most attractive USD yields globally.
Northern Trust Selected by Osmosis Investment Management to Support Fossil Fuel Free Common Contractual Fund
Northern Trust today announced it has been selected by
Osmosis Investment Management (Osmosis) to provide fund administration, global custody and depositary services for the Osmosis Resource Efficient Core Equity (ex-fossil fuels) Fund in a Collective Investment in Transferable Securities (UCITS) Common Contractual Fund (CCF).
The strategy, which Osmosis developed amid growing investor appetite to remove carbon risk from investor portfolios, will allow institutional investors to target an uncorrelated source of sustainable alpha from their core equity exposure, with a positive environmental focus. This latest addition to its suite of resource efficient strategies brings Osmosis ex fossil fuel assets under management to over US$600 million.