Latest news with #fundManager
Argaam
27-05-2025
- Business
- Argaam
CMA approves public offering of Alinma Free-Style Equity Fund
The Capital Market Authority (CMA) approved the request by Alinma Capital for the public offering of Alinma Free-Style Equity Fund. The market regulator cautioned investors that making investment decisions without thoroughly reading the terms and conditions (T&Cs) or fully understanding their content may pose significant risks. The CMA also urged investors to carefully review the T&Cs, which include detailed information on the fund, its investment strategy, and associated risks. This review will help investors evaluate the investment's feasibility and understand the potential risks, the CMA said. It added that if the T&Cs are unclear, investors should consult the fund manager for clarification.
Bloomberg
09-05-2025
- Business
- Bloomberg
Beloved on Credit Desks, Portfolio Trades Come to Sovereign Debt
In the throes of April's market chaos, one London fund manager found a relatively simple and cheap way to unload its unwanted bonds. Taking a page from the playbook of credit traders, Legal & General bundled up assorted gilts into portfolio trades of sovereign debt. Portfolio trading — in which a basket of bonds is traded in one swoop — has transformed the market for less-liquid corporate bonds by bundling them with more popular peers. The same trick was thought to convey fewer benefits to government debt, which already trade electronically and often. That was before a violent selloff in global bonds that hit UK government debt particularly hard.
