Nikko AM expands multi-asset range with EM fund

The vehicle, Emerging Markets Multi Asset UCITS fund, will target a return of Libor plus 5%-6% over a three to five-year period, identifying mispricing in the global emerging markets universe. It will also integrate political insight and analysis through the firm's partnership with geo-political risk research and consulting firm Eurasia Group. The move follows the launch of the Emerging Markets Local Currency Bond UCITS fund in December last year. The fund has an ongoing-charge 0f 1%.  Samson (pictured) said: "We are seeing growing demand from our clients for a multi-asset solution...