Schroders has closed a number of share classes on its $1bn Asian Total Return fund in order to protect performance for existing investors.
The vehicle is a Luxembourg-domiciled portfolio which sits in Schroders' International Selection Fund (ISF) range. It is managed by Robin Parbrook and Lee King Fuei. Schroders says it had always planned to cap the fund when it reached $1bn (£630m), to maintain performance. "Due to the Schroder ISF Asian Total Return's specialist approach to investing in Asian equities, we have consistently stated the capacity of the strategy would be in the region of $1bn. "As a result of strong inflows this year, and Schroders' commitment to maintaining the integrity and performance of the fund, w...
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
