Standard Life Investments has launched its Global Emerging Markets Equity Fund aimed at investors looking to broaden their investment universe and diversify their portfolios beyond "global developed markets".
Drawing on the company's established stock-picking expertise, this new OEIC will consist of a diversified portfolio of 60 to 100 stocks with stock, sector, country and tracking error limits. It will be measured against the IMA Global Emerging Markets sector with the objective of providing capital appreciation as income is not a prime consideration. Alistair Way heads up the investment team who will set about achieving the fund's objective primarily through investment in equities and equity-related securities of corporations domiciled in emerging markets or companies that derive a sign...
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