Multi-managers at OPM Fund Management are targeting funds in emerging markets and energy sectors in the recently-launched Worldwide Opportunities fund.
Although the fund is benchmarked against the FTSE All-World index, which is somewhat "US-centric" according to Tony Yousefian, CIO at the firm, the portfolio will have a "substantial" overweight to emerging markets. Top picks so far include Fidelity's Nick Price, Lazard's Kevin O'Hare and Artemis's John Dodd, said Yousefian. Fidelity's Emerging Markets fund, run by ex-J.P. Morgan manager Price since 2009, is overweight areas Yousefian favours, including Russia, China and South Africa. "After some restructuring, the fund's performance to date has been top quartile both in absolute a...
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