The negotiations that culminated in the establishment of the Trade and Cooperation Agreement (TCA) at the end of 2020 concluded with no meaningful agreement in relation to the provision.
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Ireland and Luxembourg have long been the preferred
jurisdictions in which to establish a fund in Europe, and the
prevalence of funds established in Ireland and Luxembourg make them
important jurisdictions for lenders to understand. The
ever-increasing use of Ireland and Luxembourg funds for private
equity structures and the long track record in both jurisdictions,
combined with the impact of Brexit mean that the importance of
Irish and Luxembourg funds is likely to further increase, both for
capital call/subscription line facilities and net asset value
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.
In focus: Luxembourg s Reserved Alternative Investment Fund paperjam.lu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from paperjam.lu Daily Mail and Mail on Sunday newspapers.