Bennelong launches Skerryvore Global Emerging Markets All-Cap Equity Fund
Bennelong Funds Management has launched the Skerryvore Global Emerging Markets All-Cap Equity Fund in Australia, which invests responsibly in emerging markets. Skerryvore Asset Management is a boutique of Bennelong’s UK arm, BennBridge.
The fund's responsible focus means it has never invested in Chinese education, media or internet businesses because of the governance compromises that would require. It typically holds between 40 and 80 stocks and the minimum suggested investment timeframe is between five to eight years. The fund's benchmark is the MSCI Emerging Market Index.
“The team’s insights into emerging markets companies, coupled with a commitment to sustainable, high-quality investing, will provide Australian investors unique access to companies with dynamic growth potential from some of the world’s advancing economies," chief executive officer of Bennelong Funds Management, Craig Bingham, said.