The Luxembourg-domiciled Standard Life Investments Global Emerging Markets Equity Unconstrained Fund will invest in a concentrated equity portfolio of the GEM team’s best ideas.
The fund, which will not be tied to a benchmark, will aim to hold between 30 and 50 stocks from an investment universe that includes both emerging and frontier markets.
Teverson said: “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.”
The launch follows the unveiling of the Emerging Market Debt Fund for head of emerging debt Richard House and the European Corporate Bond Sustainable and Responsible Investing Fund for Samantha Lamb.
In addition, the asset is mulling the launch of another six funds for its offshore Standard Life Investments Global Sicav, subject to demand.
These mooted products include US Corporate Bond, Emerging Market Debt, European Corporate Bond Excluding Financials and Euro Aggregate funds on the fixed income side and the stocks-focused Japanese Equity Unconstrained and Global Emerging Markets Equities funds.
