Nikko Asset Management has added an emerging markets UCITS fund to its multi-asset range, to be run by senior portfolio manager Rob Samson.
The vehicle, Emerging Markets Multi Asset UCITS fund, will target a return of Libor plus 5%-6% over a three to five-year period, identifying mispricing in the global emerging markets universe.
It will also integrate political insight and analysis through the firm's partnership with geo-political risk research and consulting firm Eurasia Group.
The move follows the launch of the Emerging Markets Local Currency Bond UCITS fund in December last year. The fund has an ongoing-charge 0f 1%.
Samson (pictured) said: "We are seeing growing demand from our clients for a multi-asset solution that invests in emerging markets.
"The diversity of these markets demands a top-down approach, and the insight that our specialist team provides, along with our partnership with the world's leading political and risk consultancy, give us an edge."
The chairman isn’t answering his email
Reforms not enough
An economic cocktail
To encourage consumers to shop around
Will report to Pat Shea