Wise's Ropers to remain 'flexible' and 'nimble' as Growth fund ups emerging markets exposure

'Constructive macro view' behind latest additions

The TB Wise Multi-Asset Growth fund took advantage of depressed valuations to top up its emerging market (EM) exposure in late 2019, according to co-manager Vincent Ropers.

Two offerings that had been added into the fund's portfolio were Mark Mobius's £98.8m Mobius investment trust and Mark Asquith's newly launched £5.5m MI Somerset Emerging Markets Discovery fund. Ropers said the firm had a "constructive macro view" that would be supportive for the region moving forward. Investing in emerging markets healthcare: The main market drivers "Few people realise how much easing EM central banks have done over the past year," he said. "They have been very aggressive across the board [and], contrary to developed market central banks, they still have ammuni...