Investec has extended its Latin American equity range with the launch of a smaller companies fund run out of the Americas by LatAm specialist Compass Group.
The Investec GSF Latin American Smaller Companies fund, which launched on 11 June, is Luxembourg-domiciled and headed by Compass' partner and portfolio manager Carina Güerisoli. The fund has launched with $100m of third party assets under management. Investec said the portfolio offers clients a way of harnessing the domestic growth stories of Latin America. The group has outsourced the management of the fund because such a specialist market needs specific expertise. "In such a specialist area you need on the ground expertise," said Investec AM's UK managing director David Aird. "Th...
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