William Blair launches local currency EMD fund

Follows launch of hard currency fund

William Blair Investment Management has launched a local currency emerging markets debt fund, further expanding its range of funds available to European investors.

The William Blair Emerging Markets Debt Local Currency SICAV fund provides investors with exposure to countries in local currencies and interest rates across the Americas, central and eastern Europe, Asia, Africa and the Middle East, utilising both bottom-up and top-down analysis to "assess performance drivers". William Blair hires EMD portfolio manager Managed by Lewis Jones, Dan Wood, Yvette Babb and Johnny Chen, and supported by the wider EMD team led by Marcelo Assalin and Marco Ruijer, the launch of the local currency fund follows its hard currency equivalent in April 2020. As...