First State Investments is rolling out a global equity fund for emerging markets managers Stuart Paul and Jonathan Asante, Financial Times reports. The First State Worldwide Equity fund will track the MSCI AC World index.
The product will invest in up to 120 stocks from developed and emerging markets. Paul is a joint managing partner of the firm’s Asia Pacific and global emerging markets team, while Asante serves as head of emerging markets.
Click here for the story from Financial Times.
Click here for additional coverage from FundWeb.