Insynergy is launching an emerging market equities fund that will target an income yield of 4.5% while also offering good income growth prospects.
It will aim to invest in a range of world markets beyond merely the Asian sector, to achieve a fund that is resilient to exogenous economic events. The New World Equity Income Fund will be managed by Kleinwort Benson Investors.
Sean Hawkshaw, CEO of Kleinwort Benson Investors: “Many investors are looking for a way of getting exposure to emerging markets, but are unsure of the best way of doing this. This fund is quite unique in so far as we are offering investors a balance of growth and income.”
The firm will invest in equities in countries in Asia, Latin America, Eastern Europe, Africa and the Middle East. It is calling its offering a “new world” fund because many of these countries, such as Singapore and Hong Kong, have already reached a higher level of economic development than is implied by the emerging market label.
©2011 funds europe
