Schroders launches EM multi-asset fund
UK asset manager Schroders has announced the launch of a new multi-asset fund aimed at offering investors access to emerging markets.
The Schroders ISF Emerging Multi-Asset Income Funds, which is managed by portfolio manager Aymeric Forest invests globally in equities, bonds and other emerging market asset classes, including derivatives.
The share of stocks or equities within the overall portfolio can fluctuate between 30 and 70%.
“The price to book ratio of, for example, the valuation of emerging market equities is currently still 50% below that of the US S&P 500 index” comments Forest.
The fund aims to achieve an annualised return of 7% to 10%with a volatility of 8% to 16%.