RCM to launch EM multi-asset fund

RCM is preparing to launch GEM multi-asset fund in the second quarter of this year.

It will aim to deliver returns with a low level of volatility through a portfolio of global emerging market equities, bonds and commodities. It will be managed by RCM' global multi-asset team. The group says by investing in a range of asset classes the fund will be less volatile than an equity-only vehicle. Herold Rohweder, global CIO for RCM Multi Asset, says the fund will offer downside protection in times of market stress. "As the world economy enters this new paradigm - that some have coined the ‘New Normal' - global emerging markets are clearly attractive from a risk/ return ...