● Qbasis Invest has launched an exchange traded fund that will allow small investors to access the company’s flagship managed futures fund. The Qbasis Futures fund, which will commence trading on the Hamburg stock exchange on April 1, will have a minimum ticket of €2,000 (£1,802, $2,708), compared to a $100,000 minimum for the sister offshore version.
● HSBC Global Asset Management is putting the finishing touches to its European Alpha Equity Fund, a Ucits III market neutral absolute return fund.
● Ashmore has unveiled eight new emerging market Sicav sub-funds, covering sovereign, corporate and local currency debt, as well as equities and a multi- strategy fund.
● Matrix Group has unveiled the Matrix Property Middle East fund, which will focus on the industrial, residential and office sectors in Gulf countries.
● Kotak Mahindra has launched a Luxembourg- domiciled India Growth Fund focused on large and mid-cap companies focusing on infrastructure, financial services, outsourcing and consumption-led demographics.
● Luxembourg is also the venue of choice for Olympia Capital Management’s new diversified, multi-strategy fund of hedge funds, the Olympia Dynamic Fund.
● The flood of ETFs continues with ETF Securities listing 14 commodities vehicles in Tokyo. The company is also to list the first ETF based on the DJ-UBS Commodity Index 3 Month Forward Index in London.
● Amundi has been busier still, listing 21 sector, style and fixed income ETFs on the Deutsche Börse.
● ProShares has listed three inverse ETFs, offering the opposite of the daily performance of the US real estate and basic materials sectors and the Chinese equity market, on NYSE Arca.
● Standard & Poor’s has licensed the S&P 500 to Bosera Asset Management for the creation of an ETF based on the index for Chinese investors.