American Century Investments has launched a new fund focusing on emerging markets. Entitled Emerging Markets Equity Fund, the pool seeks to invest in companies that have growth potential and a market capitalization greater than $500 million. Headquartered in Kansas City, Missouri, American Century is a privately-held investment management firm.
(PRWEB UK) 18 September 2013
American Century SICAV has introduced a new Emerging Markets Equity Fund. The Fund managed by American Century Investments complements existing fund strategies: Global Growth Equity, Concentrated Global Growth Equity and U.S. All Cap Growth Equity.
Emerging Market Equity Fund – Uses American Century’s ‘earnings acceleration’ approach to investing in companies in emerging markets around the world. Specifically, it searches for companies with a market capitalisation greater than $500 million and where a catalysts can be identified (secular, cyclical, product or management related) which will lead to accelerating earnings growth. The acceleration factors allow more effective identification of companies in the beginning stages of their growth cycle. This, combined with detailed fundamental analysis and a strict buy/sell discipline, is designed to help generate excess returns over time.
The Fund adopts American Century’s existing Emerging Markets strategy, which has been used by a mutual fund available to US investors since 1997 and has almost $800 million in AUM. The fund seeks to outperform the MSCI Emerging Markets index. The US based strategy has outperformed the index by 1.21 year to date, 3.84 over one year, 3.04 over three years (gross of fees to 31/08/13 in USD) and 0.03 over five years.*
Emerging Markets Fund global investment team includes experienced portfolio managers Patricia Ribeiro and Anthony Han, supported by a team of analysts.
Michael Green, American Century Investments Senior Vice President and Chief Executive Officer International, said: “By using the same investment philosophy, American Century’s new Emerging Markets Equity Fund complements our existing Global and US Equity funds. The new fund provides European investors with a further opportunity to partner with American Century’s global portfolio management team. Emerging market growth rates are projected to remain higher than those in the developed world and we believe that American Century’s investment approach that focuses on earnings acceleration is ideally suited to take advantage of the opportunities that these exciting markets present. ”
*Past performance is no indication as to future performance.
About American Century Investments
American Century Investments is a leading privately held investment management firm with USD $130 billion in assets, committed to delivering superior investment performance and building long-term client relationships. Serving financial intermediaries, investment professionals, institutions, corporations and individual investors, American Century Investments offers a variety of actively managed investment disciplines through an array of products including UCITS, institutional separate accounts, mutual funds, commingled trusts and sub-advisory accounts.
The company’s 1,300 employees serve clients from offices in New York; London; Hong Kong; Mountain View, Calif. and Kansas City, Mo. James E. Stowers Jr. founded the company in 1958. Jonathan S. Thomas is President and Chief Executive Officer. In his role as Senior Vice President and Chief Executive Officer International, Michael Green oversees the firm’s global asset management business. Through American Century Investments’ ownership structure, more than 40 percent of the firm’s profits support research to help find cures for genetically-based diseases including cancer, diabetes and dementia.
This promotion has been approved with limitations, in accordance with Section 21 of the Financial Services and Markets Act, by American Century Investment Management (UK) Limited, which is authorised and regulated by the Financial Conduct Authority. This information is meant to be communicated to and/or directed at only those persons who are categorised as professional clients or eligible counterparties (within the meaning of the FSA rules) in relation to the Funds, and other persons should not act or rely on it.
No investment advice will be provided to retail consumers and all such individuals should seek advice from an independent financial advisor. If a retail consumer should approach American Century Investment Management (UK) Limited for more information, only factual information will be provided; nothing that can be deemed as a personal recommendation will be provided.
American Century Investment Management (UK) Limited is authorised and regulated by the Financial Conduct Authority.