OptiMix cranks up emerging markets exposure
A thorough review of its strategic asset allocation policy has seen multi-manager OptiMix add a Global Emerging Markets (GEM) asset class to a number of its diversified funds.
OptiMix chief investment officer Emmanual Calligeris said the company’s Balanced, Growth and High Growth funds would have GEM included in their strategic asset allocations.
He said emerging markets brought significant benefits to diversified funds, including higher returns, lower correlation with other asset classes and the potential to enhance future growth.
Calligeris said OptiMix had appointed PanAgora Asset Management, Deutsche Asset Management, Comgest Far East Company and OptiMix in India.
He said OptiMix had tilted the emerging markets portfolio towards fast growing economies that had deep, liquid markets such as India.
Recommended for you
Australian fund managers are actively seeking to launch Cayman versions of their funds to attract offshore flows, with Regal Partners set to launch its latest offering this month.
As private markets gain traction in Australia but only a limited pool of talent is available, three recruiters explore whether fund managers should consider looking overseas to find top talent.
With an explosion of private credit managers appearing in the market, two alternatives experts believe a consolidation is needed to maintain the quality of the sector.
Bentham Asset Management has become the latest fund manager to expand its distribution team as it reports increased interest in its credit strategies.