Brunel Pension Partnership will launch a new emerging market equity sub-fund in the third quarter of 2019.
The mandate is for around £1.3bn, and will see the number of sub-funds on Brunel’s proprietary ACS platform, developed in conjunction with FundRock, rise to three.
Mark Mansley, chief investment officer at Brunel, describing the opportunities thrown up by the sector, says: “Emerging markets will be the source of over half of global economic growth over the next 10 years. Emerging markets are also home to a growing number of world class companies as well as interesting niche businesses able to access particular opportunities.”
Investment managers have been invited to submit strategic research and ‘thought pieces’ as first step in the selection process.
“Undoubtedly there’s great potential here for investment managers to think long term and find the best opportunities. We are starting the process of identifying the best of these today”.