Aviva Investors has launched two new global equity funds: the Aviva Investors Global Equity Unconstrained fund and the Aviva Investors Global Emerging Market Equity Unconstrained fund.
The Global Equity Unconstrained fund is managed by Mikhail Zverev, head of Global Equities, with the support of the wider Global Equities team. The fund seeks to generate consistent long-term returns by investing in a concentrated, style-agnostic portfolio of global stocks where the team has a high conviction and positive non-consensus view.
Mikhail Zverev, head of Global Equities, said: "Global equities offer a vast and incredibly diverse set of opportunities for stockpickers. This new fund will invest in companies where we believe the changing fundamentals of the business are mispriced and can offer strong return potential for our clients. Due to our belief that market inefficiency is not confined to one particular investment style, we will look for ideas across style categories and through thorough and collaborative research, will pursue opportunities wherever they take us."
The Global Emerging Market Equity Unconstrained fund is managed by Alistair Way, head of Emerging Market Equities, with the support of the wider Emerging Market Equities team. It seeks to generate consistent long-term returns by investing in a concentrated, style-agnostic portfolio designed to capture the unique blend of opportunities that exist across emerging markets.
Alistair Way, head of Emerging Market Equities, added: "We believe that emerging markets offer a dynamic range of investment opportunities at the company level, with structural change and the emergence of new sectors giving great potential for well positioned companies. At the same time equity market inefficiencies give us significant scope to exploit mis-pricing; we look for ideas across a broad universe without being constrained by style bias. Through a forward-looking and globally-connected approach, we will look to give investors exposure to what we see as the best opportunities through a diversified portfolio."
Using fundamental analysis driven primarily by stock-specific factors affecting earnings, cash flow and associated risk, management of both funds will be supported by high levels of company contact and structured sector coverage across regions. Multi-asset and Macro, Credit and ESG information flows are also integrated into the stock selection process.
This article was first published by InvestmentEurope, a sister title to International Investment