Schroders has launched an emerging Europe regional fund. The Schroder Emerging Europe fund is a Luxe...
Schroders has launched an emerging Europe regional fund. The Schroder Emerging Europe fund is a Luxembourg-based Sicav that aims to capture the growth expected from EU convergence stories throughout the region. In the past, countries' stock markets have surged as a result of attempts to meet the EU economic criteria. This happened in Spain, Portugal and, lately, Greece. The Greek stock market tripled in value between 1998 and the end of 1999, and it is this kind of growth that the Schroders team is trying to capture. Fund manager Stefan Bottcher said: "We believe that this fund will be v...
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