AXA IM launches LatAm equity fund
AXA Investment Managers (AXA IM) today announced the launch of the AXA WF Framlington LatAm, a Luxembourg based Sicav investing in Latin American equity.
The fund is managed by Julian Thompson, global head of Emerging Markets at AXA Framlington. Thompson said: “Latin America offers equity investors an attractive combination of companies generating high returns on invested capital within a sound operating environment in terms of regulation, corporate governance and economic management. The region’s capital markets are deepening, offering investors a wider range of opportunities to participate in the growth of domestic consumption and infrastructure development.”
“We focus on identifying well-managed companies operating in these sectors and on building a diversified portfolio that allows investors to benefit from the long-term growth of the region.”