Investec launches EM mutli-asset fund

The Investec Emerging Market Multi-Asset fund will have exposure to equities, bonds, currencies, commodities and frontier markets, and is aimed at retail and DC investors. At launch today, the fund has 50% exposure in fixed income, with 27% in local currency and 23% in hard currency denominated bonds. The duo also have 42% in equities, with 8% in cash. David Aird, managing director of UK distribution at Investec, said: "It's a one-stop-shop for emerging market exposure. "One of the managers' key skills is allocating across different asset classes, and we think it is a sensible solu...