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
Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitability by Q1 2025.
Amid a growing appetite for alternatives, investment executives have shared questions advisers should consider when selecting a private markets product compared to their listed counterparts.
Chief executive Maria Lykouras is set to exit JBWere as the bank confirms it is “evolving” its operations for high-net-worth clients.
Bennelong Funds Management chief executive John Burke has told Money Management that the firm is seeking to invest in boutiques in two specific asset classes as it identifies gaps in its product range.