Nikko AM expands multi-asset range with EM fund

Managed by Rob Samson

Nikko Asset Management has added an emerging markets UCITS fund to its multi-asset range, to be run by senior portfolio manager Rob Samson.

The vehicle, Emerging Markets Multi Asset UCITS fund, will target a return of Libor plus 5%-6% over a three to five-year period, identifying mispricing in the global emerging markets universe. It will also integrate political insight and analysis through the firm's partnership with geo-political risk research and consulting firm Eurasia Group. Nikko AM poaches global head of sales from Tokio Marine The move follows the launch of the Emerging Markets Local Currency Bond UCITS fund in December last year. The fund has an ongoing-charge 0f 1%.  Samson (pictured) said: "We are see...