Henderson Global Investors has announced the launch of a new emerging markets fund open to Australian retail and institutional investors.
The new fund, the Henderson Global Emerging Markets Equity Fund, focuses both on companies listed in emerging markets and companies listed elsewhere that have significant exposure to emerging markets.
Henderson's head of emerging markets equities, Glen Finegan, who is leading the team behind the fund, said emerging markets are an “important building block in global equity asset allocation”.
The company said emerging markets “have become increasingly attractive” to investors since they are expected to undergo higher rates of growth than companies in developed countries.
“The organic growth rate of emerging markets compared to developed markets makes them an attractive investment opportunity,” said Mr Finegan.
The new high-conviction fund has a five-year time horizon with a minimum investment of $25,000.
Henderson executive chairman for Pan Asia Rob Adams said there is “investor appetite” for global emerging markets, as early seeding from institutional clients has demonstrated.
“Henderson is committed to offering high-quality investment opportunities to the sophisticated Australian market,” he added.
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