Standard Life Investments has launched the Global Emerging Markets Equity Fund aimed at investors looking to broaden their investment universe and diversify their portfolios beyond global developed markets.
Drawing upon Standard Life Investments’ established stock-picking expertise, the Fund will be managed by Alistair Way1 and will consist of a diversified portfolio of 60 – 100 stocks with stock, sector, country and tracking error limits. It will be measured against the IMA Global Emerging Markets sector with the objective of providing capital appreciation with income not being a prime consideration.
The Fund will achieve its objective primarily through investment in equities and equity related securities of corporations domiciled in emerging markets or companies that derive a significant proportion of their revenues and profits from Asian, Eastern European, Middle Eastern, African or Latin American operations or have a significant proportion of their assets there.
Jacqueline Lowe (pictured), Head of UK Wholesale, Standard Life Investments, says: “We are delighted to launch this new fund in response to investor demand. It is great news that investors will now be able to tap into global emerging markets through Standard Life Investments, taking advantage of our Focus on Change investment philosophy, our robust and repeatable investment process and highly experienced emerging markets team.
“Over recent years emerging market equities have gained in stature globally and are now considered to be mainstream investments. This is therefore an entirely logical development for the diversification of Standard Life Investments’ Wholesale offering.”