Schroders is to add to its commodities fund range with the launch of Agricultural Land investment trust, which opens to investors in September.
The closed-ended vehicle will offer investors exposure to global agricultural land and land-related industries through investment in private equity companies, farm management businesses and related funds. Around 25pc of the fund will be invested directly in related equities and commodities. The trust will be managed by Mark Bridgeman, who will be backed by a specially selected investment committee made up of Schroders' own internal specialists and external agricultural practitioners. Bridgeman will aim for a target net return of 10-15pc per annum over a 5-10 year period. He said: "...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes