BBVA launches emerging markets fund of funds

Spanish banking firm BBVA’s fund analysis group Quality Funds has announced the launch of an global emerging markets fund of funds which aims to offer clients a wide range of investment opportunities

The QF Selección Emergentes has a portfolio invested in variable and fixed income, as well as currencies and raw materials within the emerging markets.

The fund’s flexible and active management approach will allow the firm to identify clear opportunities within its market.

It is the first fund launch since the banking firm announced a radical shake-up of its fund selection group last month.