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Universal-Investment has been appointed the new management company (ManCo) for the Luxembourg fund portfolio of Switzerland's Fisch Asset Management. The Fisch Umbrella Fund, with a volume of approximately EUR 4.5 billion, bundles 13 UCITS sub-funds which include corporate bond, convertible bond and absolute return funds. In doing so, the focus is on active management based on holistic credit analysis. The funds were transferred to Universal-Investment Luxembourg's fund service platform with effect from 1 January 2022. RBC Investor Services Bank remains responsible for fund administration as well as for custody and the transfer agent function.
With this, Fisch Asset Management is dissolving its own Luxembourg-based ManCo. "In view of the steadily increasing costs, this...
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