New Offerings in the Ethical and Credit Space

FUND TIMES: In addition to new fund launches this week, several managers have recently enjoyed new mandates or promotions

Holly Cook 13 May, 2011 | 5:27PM

After a busy few weeks for funds industry players, fund launches and manager moves died down a touch this week. Below are the highlights of fund industry activity in the week May 9-13.

Fund Launches
Natixis Asset Management has launched a new fund investing in euro credit bonds with a high yield rating. Natixis says the Euro High Income Fund has been created in response to investor demand for euro high yield bonds in the UK and continental Europe.

The fund is jointly managed by Philippe Berthelot and Vincent Marioni, who each have over 15 years fixed income investment experience. The two managers are also backed up by a research team of 11 credit analysts who will aim to identify issuers with attractive risk/return ratios.

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About Author

Holly Cook

Holly Cook  is Manager, Morningstar EMEA Websites

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