BMO Global Asset Management has bolstered its emerging markets offering with the launch of a smaller companies fund.
The BMO LGM Global Emerging Markets Smaller Companies fund will be managed by LGM Investments, BMO’s specialist emerging markets manager.
Citywire A-rated Irina Hunter, who currently manages several funds at the firm including the BMO LGM Global Emerging Markets Growth and Income fund, will run the strategy, with Claire Franklin as co-portfolio manager.
The fund aims to deliver long-term capital growth by investing in smaller companies either based in or deriving a significant amounts of income and profit from EM countries.
In line with LGM’s benchmark agnostic approach, the fund may also invest a portion of its assets in frontier markets.
Commenting on the launch, LGM’s CIO and Citywire AA-rated manager Thomas Vester said: ‘The emerging markets smaller companies sector offers long-term investors a fantastic opportunity to find quality businesses that are not yet appreciated by the wider market.
‘Our quality focused process thrives in this kind of environment where we aim to identify great companies that have the real potential to grow at high rates in the long term.’
Domiciled in Ireland, the fund is available to both institutional and advised retail investors. It is registered for sale in the UK, Belgium, Denmark, Finland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Spain and Sweden.