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Vontobel liquidates sustainable fund

Vontobel liquidates sustainable fund

Vontobel Asset Management has liquidated its Vontobel Fund II - Sustainable Euro Bond Concept fund.

A spokesperson for Vontobel confirmed that the fund was closed on 11 May 2018 with assets of approximately CHF 5 million.

The fund had been managed by Daniel Karnaus since February 2018, but was previously managed by Alex Rohner for two years. Karnaus remains with the company following the fund's closure.

According to the firm's website, Vontobel currently has CHF 11 billion assets under management in sustainable strategies, accounting for 12% of its total AUM. It has 23 sustainable funds and strategies at present. 

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