Schroders to launch Asia smaller companies fund

Schroders is to launch an Asia and emerging regions “discovery” fund investing in smaller companies.

The Schroder small cap discovery fund will be managed by Matthew Dobbs, head of global & international small cap equities at Schroders and manager of its Schroder Asian alpha plus fund.

The fund will “aim to achieve capital growth through investing in smaller companies in the emerging and Asia regions”.

According to the asset manager, the fund’s primary focus will be on stock selection using its long-term “growth and quaility, but at a reasonable price”.

No date has yet been given for the launch of the fund, which was entered onto the Financial Services Authority’s collective investment scheme registere on January 23.