BNY Mellon is set to merge Newton Global Emerging Markets Fund into its UK-domiciled UCITS range, making it available to UK retail investors.
The £47.5m fund was earlier available only to charities, individuals as well as family offices directly through Newton.
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The fund is managed by Rob Marshall-Lee and alternate manager Sophia Whitbread.
The change will be effective from 25 July 2015, with investment strategy of the fund to remain the same and current investors will be automatically transferred to the new product.
Marshall-Lee commented: "There is a long-term attractiveness in emerging markets, which stems from superior demographics, lower levels of debt, huge potential from economic reforms and productive allocation of capital. The diverse set of emerging markets in the investible universe remains very compelling and we see a stronger consumer story continuing to evolve."
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