Universal-Investment has been appointed as the new ManCo for the Luxembourg fund portfolio of Switzerland’s Fisch Asset Management. The Fisch Umbrella Fund, with AuC of c. EUR4.5bn (USD5.1bn), covers 13 UCITS sub-funds which include corporate bond, convertible bond and absolute return funds. RBC Investor Services Bank remains responsible for fund administration, custody and transfer agency. Fisch Asset Management, which manages CHF11.6bn (USD12.6bn) is dissolving its own Luxembourg-based ManCo. Universal-Investment claims to have EUR710bn (USD798bn) AuA, with >1,900 fund mandates.
