Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

2241

Hexam Capital launches onshore mirror of Ignis emerging markets fund

RELATED TOPICS​

Hexam Capital has announced the launch of the UK-domiciled Ignis Hexam Global Emerging Markets Fund, an onshore fund that will mirror the GBP71m Dublin-domiciled Ignis International Hex

Hexam Capital has announced the launch of the UK-domiciled Ignis Hexam Global Emerging Markets Fund, an onshore fund that will mirror the GBP71m Dublin-domiciled Ignis International Hexam Global Emerging Markets Fund.

It aims to make the fund more widely available on fund platforms and thus more accessible to UK investors.

Lead-managed by Bryan Collings (pictured), the fund will aim to achieve long-term capital growth through a concentrated portfolio of approximately 30 to 50 stocks and is not constrained by index weightings. The fund will take active sector and country positions from a broad range of stocks accessing the considerable long-term potential of emerging markets.

Mirroring its offshore counterpart, the onshore fund will initially adopt high conviction overweight positions towards Brazil, China and Russia. The fund has also taken advantage of depressed commodity stocks and built a material active position in select themes.

Currently, the Hexam fund only has exposure to seven of the 23 mainstream emerging markets, illustrating the team’s concentration on best ideas in the portfolio construction process.

"Emerging markets have the kind of solid fundamentals and investment opportunities that the developed world can only dream about,’ Collings says. ‘We firmly believe that many investors are taking an unintended risk by not having sufficient exposure in their portfolios, especially given our concerns about the UK economy and the dismal long-term outlook for domestic savings yields.

‘Emerging markets will deliver significant and sustainable growth over the coming decades and at current levels, we believe this is an exceptional medium-term buying opportunity and the perfect time to make the fund more accessible to UK investors."

Hexam was launched in July 2006 as a 50/50 joint venture with Ignis Asset Management.

Latest News

RQI Investors, an Australian-based active quantitative equities manager and part of the First Sentier Investors..
UK-based wealth management companies London & Capital and Waverton have announced that they have reached..
Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence..

Related Articles

British pound coin
Fixed income’s return to favour following widespread interest rate rises has led to investors overcrowding sterling investment grade credit, delegates at the Pensions and Lifetime Savings Association investment conference have heard...
Fixed income’s return to favour following widespread interest rate rises has led to investors overcrowding sterling investment grade credit, delegates..
Sustainable Economy Top Panel
Europe is driving the growth in sustainable investment with global assets under management in ESG-labelled funds passing USD2.8 trillion...
Europe is driving the growth in sustainable investment with global assets under management in ESG-labelled funds passing USD2.8 trillion...
Pension funds
UK institutional investors are questioning the value of investing in private markets despite pressure from government to finance the country’s net zero and levelling up ambitions...
UK institutional investors are questioning the value of investing in private markets despite pressure from government to finance the country’s..
Juan Nozal, Mapfre Asset Management
Juan Nozal, Fixed Income Portfolio Manager at MAPFRE Asset Management, talks about the outlook for fixed income assets over 2024, in what he predicts will be an outstanding year for this asset class...
Juan Nozal, Fixed Income Portfolio Manager at MAPFRE Asset Management, talks about the outlook for fixed income assets over 2024,..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by