Japanese fund house Nikko Asset Management has further expanded its Ucits range with an emerging markets-focused multi-asset strategy, adding to its existing fixed income and equity offerings.
The vehicle, run by Rob Samson, will see Nikko partner with geopolitical risk research and consulting firm Eurasia Group to “integrate political insight and analysis” into its investment approach.
The fund will use the additional research and seek to exploit mispricing in the region in both equities and fixed income.
Nikko said the fund will target an excess return of Libor plus 5 to 6 per cent over a time horizon of between three and five years. It will have an ongoing charge of 1 per cent.
The vehicle’s launch marks a continued expansion of the asset manager’s Ucits range. Last year it launched an emerging markets local currency bond fund, a global credit vehicle and a Japanese equity portfolio.
“Nikko continues to add new Ucits funds to meet global investors’ evolving demand for exposure to diverse products and strategies,” the company said in a statement.
Mr Samson added: “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.”
