11/07/2011 Author: Tom Maghie

Tobam launches new EM Ucits fund

Asset management firm Tobam has announced the launch of a new Ucits III fund – called the Anti- Benchmark Emerging Markets Equity fund.

The fund, which seeks to outperform the emerging markets equity cap-weighted benchmark, while delivering reduced volatily, aims to maximise diversification across the emerging markets equity universe, and has raised £135m so far.

TOBAM’s existing fund range consists of 8 flagship funds, covering both equities and commodites. The firm currently manages around $2bn in anti-benchmark strategies, and has offices in Paris, Los Angeles and Amsterdam.

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