FMG targets growth across emerging markets - 28th Sep 2011

OFFSHORE fund of funds management group FMG has launched a fund aimed at investment in economies with sustainable long-term growth prospects.
The fund, which is domiciled in Luxembourg, will seek long-term capital growth by investing mainly in liquid, listed instruments within the equity and exchange traded funds (ETF) universe.
It will seek exposure to the Middle East, Africa, Brazil, China, India and Russia.
Targeted at retail investors, the new fund gives investors exposure to 60 percent of the world’s population, in regions with rising income levels and growing consumption, according to the firm.
In addition, its target economies have low levels of debt and high levels of savings as well as faster economic growth in general than most mature economies.
The ‘rising six’ focus regions the fund is looking at for opportunities do not suffer problems with ageing populations, or over-leveraged consumers, and in 2010 represented 29 percent of all new global equity issuance.
The fund will vary between a minimum of 10 percent to a maximum of 25 percent invested in any one region.

This entry was posted in News. Bookmark the permalink.