First State has launched an onshore version of its Global Agribusiness fund, managed from Australia by global resources specialists Renzo Casarotto and Skye Macpherson.
The UK-domiciled fund is a mirror of the Dublin-based fund the group launched a few weeks ago. It has been seeded internally. Graham Fox, the head of UK and European wholesale, says the onshore version of the fund is designed to improve accessibility for investors, especially as it is available for investment in sterling. “Launching the onshore Oeic makes it more user friendly for our UK client base,” he says. The fund invests across a global universe of 400 companies, with sectors including crop protection, equipment services, farming operations, seed fertilisers, technology and water....
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
