CAAM launches Emerging World fund

The Ucits III compliant subfund targets the growth potential of emerging markets. Benchmarked against the MSCI Emerging Markets Free index, it aims to outperform by investing at least two-thirds of its assets in the equity and equity-linked instruments of companies based in emerging countries in Europe, Asia, Latin America and Africa. Patrice Lemonnier, head of the emerging markets equity management team at CAAM, believes emerging countries have potential for further economic growth, due to drivers such as the emergence of a middle class and mass consumption, plus growing government and c...