Standard Life launches Global Emerging Markets Unconstrained SICAV
Global fund manager Standard Life Investments has launched the Global Emerging Markets Unconstrained SICAV.
The new fund extends the firm’s capabilities on global emerging markets and unconstrained equity.
The SICAV is aimed at investors looking to gain exposure to Standard Life Investments’ emerging market stock ideas without the constraints of a benchmark.
Registered in Luxembourg, the fund is intended to be offered in Switzerland, Denmark, Finland, Germany, Ireland, Luxembourg, Netherlands, Norway, Sweden and the UK.
The fund is managed by Ross Teverson (pictured) with a globally integrated approach and extensive collaboration across asset classes.
The portfolio will aim to hold 30-50 stocks, focusing exposure to maximise alpha opportunities. It will invest in companies from across an expansive investment universe including both emerging and frontier markets.
“The Fund offers investors a concentrated exposure to our very best emerging markets ideas, whilst using a risk overlay that minimises thematic risk to ensure returns are driven by stock specific insights,” Teverson said.
He added: “Emerging markets offer a compelling investment case. A combination of lower indebtedness, supportive demographics and an emerging consumer class is positive for GEM equities and increased trade between emerging economies means emerging market growth is becoming more self-sustaining. Emerging markets are no longer just a geared play on developed markets.”