Schroders launches Agricultural Land fund

The Guernsey-domiciled closed-ended investment trust will give investors exposure to global agricultural land and land-related industries through investment in private equity companies, farm management businesses and related funds. Approximately a quarter of the fund will invest in agricultural land-related equities and commodities. The target net return of the fund, managed by Mark Bridgeman, will be 10-15% a year over the next five to 10-year investment period, according to Schroders. Bridgeman will be supported by an investment committee made up of Schroders’ property, private equity ...