Ignis International has rolled out a new emerging markets fund, Citywire reports. The Emerging Markets Select Value Fund, which is an updated version of the International Emerging Markets Fund, will allocate to emerging countries. The vehicle will use a quantitative screen to rank the 22 countries in the MSCI EM Free index and invest in frontier markets. The new offering will be managed by Ignis International’s head of global funds, James Smith.
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