OptiMix cranks up emerging markets exposure
A thorough review of its strategic asset allocation policy has seen multi-manager OptiMix add a Global Emerging Markets (GEM) asset class to a number of its diversified funds.
OptiMix chief investment officer Emmanual Calligeris said the company’s Balanced, Growth and High Growth funds would have GEM included in their strategic asset allocations.
He said emerging markets brought significant benefits to diversified funds, including higher returns, lower correlation with other asset classes and the potential to enhance future growth.
Calligeris said OptiMix had appointed PanAgora Asset Management, Deutsche Asset Management, Comgest Far East Company and OptiMix in India.
He said OptiMix had tilted the emerging markets portfolio towards fast growing economies that had deep, liquid markets such as India.
Recommended for you
The $673 billion global investment manager has appointed a former Zenith sales head as it seeks to expand its reach in the Australian wealth management market.
Fund managers may be operating in a squeezed environment, but a salary guide shows they are willing to pay up for specialist talent to diversify their fund range.
Reach Alternative Investments has entered into a strategic partnership with Russell Investments to bolster its wholesale private markets offering for financial advisers and investors.
Boutique investment consulting and research house Genium Investment Partners has announced a senior appointment to drive further growth in its research ratings business.