This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.

Octopus EM fund tilts towards Asia

  • Print
  • Comment

Octopus Investments has introduced an emerging market equity multi-manager fund with a bias towards Asia.

The fund, which launched last week, has emerging market Asia regional/country funds at 30 per cent, its second-biggest position after global emerging markets funds at 50 per cent of the portfolio.

Of the remaining 20 per cent, 10 per cent is invested in Latin America funds and 10 per cent in emerging market Europe and Middle East and Africa funds.

The fund was launched alongside the Octopus global strategies fund, a global absolute return vehicle. Both funds will be run by Bish Limbu and supported by the rest of the multi-manager team.

Octopus Investments head of multi-manager and chief investment officer Lothar Mentel says: “We are interested in South-east Asia, because it is likely to have better growth potential at the moment than Eastern Europe and South America. Eastern Europe is too tied to Europe and will suffer under European recession.

South America has benefited from the commodities’ boom but we do not see that there is enough substance in its own industrial production to continue with high growth once the commodities’ cycle nears an end.”

  • Print
  • Comment

Daily Email Updates
If you enjoyed this article, sign up to receive the latest news and analysis from Money Marketing.

Money Marketing Awards 2015
Put your firm forward as the leading practitioner in your field. Adviser and Advertising categories are open to entries - Enter Now.

Have your sayEdit my profile/screen name

You must sign in to make a comment

Fund Data

Editor's Pick


How do you plan to vote at the general election?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments