Morgan Stanley IM launches long-term emerging market fund

Developing Opportunity fund

James Baxter-Derrington
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The new fund will target "undervalued, high-quality companies" in emerging markets
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The new fund will target "undervalued, high-quality companies" in emerging markets

Morgan Stanley Investment Management has launched the Developing Opportunity fund, which seeks long-term capital appreciation from emerging market companies.

Led by Kristian Heugh, the fund targets "undervalued, high-quality companies" in emerging markets across capitalisations, sectors and geographies within the MSCI Emerging Markets Net index. Morgan Stanley...

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