Santander launches multi-manager EM fund

Part of the firm’s new Global Equity Growth Portfolio and available exclusively to Abbey’s Premium Investments clients, the actively managed offering aims to outperform the MSCI Emerging Markets Index. The fund has a hybrid structure, allowing it to invest in fund of funds, manager of managers and other vehicles. Santander Asset Management UK CIO John Bearman says the flexibility gives the fund the ability to “generate higher returns”. “Emerging markets are all very different in terms of their geographical, political and economic situations, which is why it is important to invest in peo...