LGIM launches index fund with EM flavour

By Francesca Young
12 Aug 2013

Legal & General Investment Management (LGIM) has launched an index fund for pension fund investors seeking emerging market exposure but without investing in emerging market entities.

The LGIM Russell Developed Large Cap EM GeoExposure Index Fund will track the Russell Developed Large Cap Emerging Market GeoExposure Index. This index consists of large, developed market companies that either derive a material proportion of their revenues or generate significant total revenues from emerging markets.

Investors will gain exposure to emerging markets, but ...

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