Standard Life Investments has launched the Global Emerging Markets Unconstrained SICAV, leveraging off the company’s existing unconstrained equity proposition.
The GEM Unconstrained SICAV is aimed at investors looking to gain exposure to Standard Life Investments’ strongest emerging market stock ideas without the constraints of a benchmark.
The fund, managed by Ross Teverson (pictured), is a concentrated portfolio of the GEM team’s best ideas. Taking a globally integrated approach, with extensive collaboration across asset classes, the portfolio will aim to hold 30-50 stocks, focusing exposure to maximise alpha opportunities. It will invest in companies from across an expansive investment universe including both emerging and frontier markets.
Teverson says: “We are delighted to have launched an unconstrained global emerging markets fund. The fund offers investors a concentrated exposure to our very best emerging markets ideas, whilst using a risk overlay that minimises thematic risk to ensure returns are driven by stock specific insights.
“Our Focus on Change philosophy is extremely conducive to emerging market investing, as both businesses and the markets they operate in are constantly evolving. It is a differentiated approach that often takes us to under-researched stocks and helps us identify emerging industry leaders of the future.
“Emerging markets offer a compelling investment case. A combination of lower indebtedness, supportive demographics and an emerging consumer class is positive for GEM equities and increased trade between emerging economies means emerging market growth is becoming more self-sustaining. Emerging markets are no longer just a geared play on developed markets.”