Schroders adds EM fund to multi-asset income range

Schroders has expanded its range with the launch of an emerging markets multi-asset income fund.

The fund will be managed by the same team who manage the firm's Luxembourg-domiciled £4.3m Global Multi-Asset Income product, led by Aymeric Forest (pictured) and Iain Cunningham.  It will invest in a range of asset classes and sectors across global emerging markets, and is designed to provide a diversified income solution. The fund will target an annual distribution of 5%-6% per annum, and use a flexible asset allocation process that uses the resource of Schroders' global investment teams. Carlo Trabattoni, head of pan-European intermediary business at Schroders, said: "The launch...