BNY Mellon will roll out its new Emerging Markets Debt Local Currency fund next month for U.K. investors, Money Marketing reports. The currency fund will be available in dollar and euro denominated share classes and will buy bonds in emerging markets.
The Dublin-domiciled fund will be managed by Alexander Kozhemiakin of Standish Mellon Asset Management. BNY Mellon will also launch its Brazil equity fund in the U.K. retail market, which will be run by Rogerio Pope of BNY Mellon ARX.
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