IPM raises €50 for new emerging markets fund

By Marcus Williamsa

IPM Informed Portfolio Management, a Swedish fund manager, is launching a new emerging markets fund and has already raised €50m.

IPM, which has $8bn in funds under management, said its new vehicle is part of a Luxembourg based UCITS III Fund (SICAV) and is open to institutional and retailer investors.

Jonas Rinne, chief executive of IPM, said in a statement: "The fund is the result of overwhelming demand for an emerging markets platform employing the RAFI strategy."

IPM "RAFI funds" are screened for compliance with international conventions and guidelines on environment, human rights and business ethics.

By Marcus Williamsa IPM Informed Portfolio Management, a Swedish fund manager, is launching a new emerging markets fund and has already raised €50m. IPM, which has $8bn in funds under management, said its new vehicle is part of a Luxembourg based UCITS III Fund (SICAV) and is open to institutional and retailer investors. Jonas Rinne, chief executive ...