Mobius Capital Partners has revealed it launched its open-ended SICAV on Monday 24 September to both retail and institutional investors.
This morning the group announced the initial public offering (IPO) of the Mobius Investment Trust had raised £100m at IPO ahead of its listing on the London Stock Exchange on 1 October. Meanwhile, it launched the highly-anticipated Luxembourg-domiciled, open-ended SICAV fund launched on 24 September. The Mobius Emerging Markets fund will hold no more than 30 stocks in the best ideas portfolio investing in emerging and frontier markets and, as a result, will be capped at $1bn. Investment Week understands the fund has been seeded by the partners and selected investors to a total of around ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes