Standard Life sets up second EM fund

By Steven Gilmore
24 Jun 2013

Standard Life Investments has set up another emerging market debt fund, it said on Monday, even as it acknowledged that fundamentals for some EM countries have deteriorated in recent weeks. The local currency fund is the second in what will be a range of EM debt funds it plans to offer.

Standard Life set up its first emerging market debt fund in October. That uses the JP Morgan EMBI Global Diversified Index as a benchmark and focuses on dollar denominated emerging market debt.

The new fund uses the JP Morgan GBI-EM Global Diversified Index as a benchmark and focuses ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial