product launch| The new euro-denominated share class will act as a buffer from the dollar weakness predicted by schroders
The Schroder Emerging Markets Debt Fund has reduced currency risk for European investors by introducing a share class hedged into euros. In a separate development the National Bank of Kuwait has also selected Schroders to be its advisor on its multi-manager product. The introduction of the euro-denominated class will mean that European investors will also be significantly insulated from the further dollar weakness anticipated by the team. The fund is currently avail- able in a dollar-denominated share class. Geoff Blanning, manager of the Schroder ISF Emerging Markets Debt Fund, said: ...
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