Schroders has secured approval from the Central Bank of Ireland for its first tokenized share class of a US dollar money market fund, branded as Schroders Onchain Active Returns. Utilizing the Kinexys by JP Morgan platform, the fund leverages smart contracts to facilitate automated redemptions and transfers. This move signals a transition toward 24/7 liquidity management and collateralization capabilities, moving blockchain-based infrastructure from theoretical application into active settlement workflows.
Legal & General Asset Management (L&G) is concurrently targeting emerging market exposure with its new LSF African Government Bond UCITS ETF. Seeded by the UK Foreign, Commonwealth and Development Office through the MOBILIST programme, the fund tracks the iBoxx LSF USD African Sovereigns Index. By utilizing a mix of investment-grade and sub-investment-grade bonds with strict country caps, the vehicle aims to increase institutional participation in African sovereign debt markets.
Meanwhile, the London-based active manager Atlantic House confirmed it will officially rebrand as WisdomTree on September 1, 2026. Following WisdomTree’s acquisition of the firm earlier this year, the transition will consolidate marketing and digital infrastructure into the parent company’s ecosystem. Tom May, global CIO of Outcome and Derivative Strategies at WisdomTree, noted that the integration combines specialized derivatives-driven expertise with the scale of a global platform to broaden the firm's overall investment reach.
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