Investment consultancy Lane Clark & Peacock (LCP) is developing emerging markets multi-asset funds, Financial News reports. The firm is working directly with three asset managers to launch the new vehicles.
Capital International, Baring Asset Management and Lazard Asset Management are working on the products. LCP aims to merge emerging-markets equities, debt and currency funds in a single multi-asset portfolio. Baring’s offering is being created by asset-allocation chief Percival Stanion.
Click here for the story from Financial News.