Nikko Asset Management has broadened its Ucits-compliant fund range with the launch of an emerging markets multi-asset fund, the Asian asset management giant has announced.
The new fund, which is formally called Emerging Markets Multi Asset, will be managed by senior portfolio manager Rob Samson.
This fund will build on the working relationship between Nikko AM and geopolitical risk specialist Eurasia Group to identify and capitalise on political insights and risks.
It targets an excess return of Libor plus 5-6% over a three- to five-year time horizon, adopting an active investment approach to a global emerging market portfolio based on thorough fundamental research identifying mispricing in emerging markets.
Commenting on the launch, Samson said: ‘We are seeing growing demand from our clients for a multi asset solution that invests in emerging markets.
‘The diversity of these markets demands a top-down approach, and the insight that our specialist team provides, along with our partnership with the world’s leading political and risk consultancy, give us an edge.’
Nikko AM said its Asia-based multi-asset team will benefit from its on-the-ground experience and comes as part of efforts to further expand its emerging markets coverage.
This latest launch follows the launch of the Emerging Markets Local Currency Bond, Global Credit and Japan Focus Equity Ucits in 2016.