RSMR awards rating to £300m AXA Global Short Duration Bond fund
AXA IM’s Global Short Duration Bond fund has received a rating by RSMR, which said the strategy is a low-risk income solution for cautious investors.
Source: investmentweek.co.uk
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Axa IM launches global bond fund with focus on carbon transition
Axa Investment Managers (Axa IM) has launched a UK-domiciled global short-duration bond fund focusing on the path to net zero.
Source: professionalpensions.com
Candriam overhauls thematic global equity team in succession planning push
Candriam has made a series of changes to its thematic global equity investing team ahead of Rudi Van den Eynde’s retirement in the first quarter of 2025.
Source: investmentweek.co.uk
ECB rate cuts needed 'sooner rather than later' as GDP flatlines
Economic growth in the eurozone stagnated in the last quarter of 2023, following a 0.1% contraction in third quarter, according to data from Eurostat.
Source: investmentweek.co.uk
Baillie Gifford to shutter four bond funds and scrap international fixed income business
Baillie Gifford is set to close four fixed income funds and focus on growing its fixed income business exclusively in the UK market.
Source: investmentweek.co.uk