UK- Aberdeen is to launch a Global-Emerging Markets Smaller Companies Fund, which will focus on firms more likely to be affected by consumers on a micro scale rather than looking at a country's macro economy.
Aberdeen emerging markets head Joanne Irvine said the approach would offer a large range of quality companies with good growth prospects.
“As an added bonus, the majority of these companies are domestic –orientated, allowing fund managers to buy a high degree of exposure to rising emerging market domestic demand.”
Irvine said that currently overlooked areas, such as Asia and the Middle East would be considerable markets for the fund.
These areas had young populations who would rely on and boost local domestic industry and economies in the long term, she added.
The fund will launch this year after all regulatory processes have been completed.
Many single-employer trust-based DC schemes will move to a master trust in coming years. Stephen Richards looks at the pitfalls they need to avoid
Robin Ellison says it is not unreasonable for schemes and their trustees and sponsors also to expect an improvement in the tone of regulation
The Pensions Regulator (TPR) has ordered a firm to pay back more than £700,000 of pension contributions after it miscalculated the amounts due for more than a year.
Insurers are set to face a "flood of requests" from pension schemes for buy-in contracts to be restructured to allow for guaranteed minimum pension (GMP) equalisation, Aon warns.