PRESS RELEASE
10TH May 2016
Aubrey offers Sterling share class to boost presence on UK platforms
Aubrey Capital Management has created a Sterling share class for its Global Emerging Markets Opportunities Fund.
The move is aimed to boost interest for the Fund among wealth managers who in turn will stimulate demand for the boutique’s fund’s presence on UK platforms. This will provide greater access to the Aubrey Fund for UK investors, so broadening the universe of funds which wealth managers can competitively offer through their ‘buy lists’ to clients.
Since RDR rules stopped asset managers from paying platforms to display their funds, boutiques have had a more difficult time getting their funds to market given they first have to generate demand among wealth managers, who then have to encourage platforms to offer the boutique’s funds.
Aubrey is therefore promoting its GEM fund – and particularly a track record for an Aubrey strategy which long term investors should find compelling – to encourage platforms to offer it. From their perspective, Aubrey is aware that platforms need to be guaranteed a good flow of business to ensure that funds less in demand do not become a cost burden.
Aubrey Global Emerging Markets Opportunities fund manager and founder, Andrew Dalrymple said, “in contrast to prevailing popular opinion that nothing good comes from Emerging Markets, we are very encouraged by the outlook and financial performance of our holdings. Indeed, we are finding more ideas than we are able to include in the portfolio, and are unreservedly bullish about the prospect for the fund. We’re therefore delighted to be able to offer the Fund with a Sterling share class in order to stimulate interest from potential investors”.
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For further information:
John Morgan – Fortuna AMC Ltd
Phone: +44 (0) 203 651 8925
Mobile: +44 (0) 7769 262272