Societe d'investissement a capital variable

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Societe d'investissement a capital variable

An actively-managed investment company in Europe in which the amount of capital is dependent on the number of shareholders in the SICAV. It is structured much like a mutual fund in the United States and is a very common investment vehicle in Luxembourg, France, and Italy.
References in periodicals archive ?
The launch of the new funds strengthens the Emirates NBD SICAV platform to 10 sub-funds, which earlier included Emirates Emerging Market Corporate Absolute Return Fund and Emirates Global Quarterly Income Fund.
17 April 2017 - UK-based blockchain technologies developer nChain and a group of affiliated companies have been acquired by UK-based private equity fund SICAV plc, an EU regulated investment fund managed by Accuro Fund Solutions, the company said.
The new additions to the Emirates NBD SICAV platform include: Emirates Active Managed Fund; Emirates Balanced Managed Fund; Emirates Islamic Global Balanced Fund; Emirates MENA Fixed Income Fund; Emirates Global Sukuk Fund; Emirates MENA Top Companies Fund; Emirates MENA Opportunities Fund and Emirates MENA High Income Fund.
Emirates NBD Asset Management has also launched the Emirates Emerging Market Corporate Absolute Return Fund under the SICAV structure.
Dubai: Franklin Templeton Investments on Monday launched the new Franklin GCC Bond Fund (the "Fund"), a sub-fund of its Luxembourg-registered Franklin Templeton Investment Funds SICAV range.
The new fund, named the Global Credit UCITS Fund, would be unveiled on August 3 and would be domiciled in Luxembourg as a subfund of the companys SICAV.
SICAV - SIF (SFRE) has made an investment totaling USD4.
Jupiter is to be appointed as delegate investment advisor on the Emirates Active, Balanced and Conservative Managed Funds and, in addition, will be appointed to manage the new Emirates Global Quarterly Income Fund, one of two funds launched under the newly established Emirates NBD SICAV.
The banking company said that it had successfully completed the implementation of Man Umbrella SICAV, the Luxembourg fund business of the Man Group.
GBL-NYSE) today announced that its advisory subsidiary, Gabelli Funds, LLC, is launching the GAMCO International SICAV - GAMCO Strategic Value - fund to provide investors outside the U.