Schroders has unveiled a new retail share class for the Schroder QEP Global Core fund, Financial Times reports. The newly launched global equity low cost fund will target 1% per annum outperformance of the MSCI World Index. The fund will invest in a diversified portfolio of more than 500 global stocks and is constructed to take many active positions against the index. The vehicle will be managed by the Schroders’ global QEP team, led by Justin Abercrombie.
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