Renaissance launches emerging markets fund

emerging shoots 410Renaissance Asset Managers has launched its Global Emerging Markets Yield Fund.

The Luxembourg-domiciled Ucits fund focuses on delivering sustainable dividends, with a diversified exposure to emerging market growth.

It will distribute the dividends quarterly.

Michael Kollo, head of quantitative research, and Plamen Monovski, chief investment officer, seek investments ranging from South Africa to Malaysia, Chile and across industry sectors, including telecommunications services, materials and financials.

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