Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

SLI targets income growth with GEM fund launch

SLI targets income growth with GEM fund launch

Standard Life Investments has launched a global emerging markets income fund for manager Mark Vincent.

Aimed at delivering a sustainable level of income and dividend growth relative to the developed world, the fund will invest in a diversified portfolio of up to 100 emerging markets stocks, targeting a yield of at least 115% of the MSCI Emerging Markets index.

As well as targeting income, the team sees potential for capital appreciation given the level of growth in the emerging markets.

Jacqueline Lowe, head of SLI's UK wholesale, said: ‘This is the right time to invest for income and there are excellent opportunities in emerging regions where we see strong dividend growth and companies are establishing themselves as global winners.’

SLI has a nine-strong emerging markets team that will support Vincent on the fund.

The fund house's latest offering will sit in the Investment Management Association’s global emerging markets sector and has a total expense ratio of 1.97% on the retail share class.

On the bond side, the firm recently launched an emerging market debt fund for Richard House.

The Standard Life Emerging Market Debt fund, available to both retail and institutions, aims to deliver income plus some capital growth. It does not target a specific yield, although it will offer a yield of around 4.7%.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Navigating geopolitical risk with ETFs

Navigating geopolitical risk with ETFs

ETFGI’s Deborah Fuhr on how investors can use exchange-traded funds to position their portfolio.

Play Sarasin’s Boucher: why I like salmon with chocolate

Sarasin’s Boucher: why I like salmon with chocolate

Henry Boucher, manager of the £129 million Sarasin Food & Agriculture Opportunities fund, explains why he is gobbling up salmon and chocolate stocks.

Play Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Libby Ashby and leading wealth managers analyse what the Alibaba IPO hype means for Chinese equities, slowing growth of the UK economy and whether there’s anything left to play for in the European sovereign bond market.

Your Business: Cover Star Club

Profile: How David Esfandi is shaping Canaccord Genuity WM

Profile: How David Esfandi is shaping Canaccord Genuity WM

After six months as chief executive of Canaccord Genuity David Esfandi's ambitions are taking shape

Wealth Manager on Twitter