RAM Funds Approved for Distribution in Switzerland
OREANDA-NEWS. Renaissance Asset Managers (RAM), the leading emerging and frontier markets investment manager, today announces the registration of five of its specialist UCITS funds for distribution in Switzerland by the Swiss Financial Market Supervisory Authority (FINMA), as investors in the country seek to increase their allocation to emerging and frontier markets.
The funds are:
Renaissance Russian Debt Fund
Renaissance Russian Equity Allocation Fund
Renaissance Sub-Saharan Fund
Renaissance Cautious Managed Fund
Renaissance Frontier Markets Fund
The funds, registered in Luxembourg, are also distributed in Finland, France, Germany, Spain, Sweden, and the UK. Together with Renaissance's Dublin-based UCITS, they offer investors across Europe exposure to some of the world's most dynamic and attractive emerging market asset classes.
Barbara Rupf Bee, CEO, Renaissance Asset Managers: “These registrations come at a time when many investors are turning away from developed markets and as growth prospects in some of the traditional emerging markets, such as Brazil and China, appear cloudy. Currently, we see increased appetite for our Sub-Saharan and Eastern European funds. In Russia, unlike other BRIC bond markets, we believe that the economic fundamentals, combined with the announced liberalisation of the bond markets, will provide a catalyst for foreign investors and presents a very attractive investment opportunity”.
Adrian Harris, Head of Distribution: “Renaissance Asset Managers offers the investment reach of a large scale institution together with on-the-ground coverage in some the most exciting investment destinations. The registration of our funds in Switzerland means we are able to build on the strong foundations and relationships we have already established across Europe. Switzerland is a very important market and we will now be able to target the large distribution platforms to reach the sophisticated investors who share our excitement for the spectacular growth prospects for Africa and other frontier markets.”
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