FMG launches Rising 6 fund

Fund Management Group (FMG) has unveiled the Rising 6 fund, investing in Africa, Brazil, China, India, the Middle East and Russia for UK investors.

The Luxembourg UCITs compliant fund will be managed by Andrew Jameson and offers exposure to world economies with the highest sustainable long-term growth prospects. FMG, which expects the regions to see triple the growth of the US and Europe, will invest between 10% and 25% in each location. The six countries have been selected due to their human and financial resources, infrastructure and competitive products, the group said. "This new fund gives investors exposure to 60% of the world's population, rising in income and growing in consumption. "These are economies with low leve...