Baillie Giffford launches native tokenized fund in Hong Kong
The Securities and Futures Commission has authorised the Baillie Gifford Enhanced Yield fund,
This week FSA compares two emerging market equity funds: the Ninety One Emerging Markets Equity fund and the Templeton Emerging Markets fund.


Based on the popular 80s card game, each week we select an asset class and use FE fundinfo data to compare two funds based on their three-year performance, assets under management, alpha, volatility, ongoing charges and information ratio to decide which is the Top Trump.
This week, the Ninety One Emerging Markets Equity fund defeats the Templeton Emerging Markets fund: 5-1
The fund will aim to achieve long-term capital growth primarily through investment in equities or equity-related securities of companies established and/or listed on an exchange in emerging markets, or companies which are established and/or listed on exchanges outside emerging markets but which carry out a significant proportion of
their economic activity in emerging markets and/or are controlled by entities established and/or listed in emerging markets.
Top 10 holdings:
To seek long-term investment growth, mainly through growth of capital. The Fund mainly invests in equities of companies of any market capitalisation that are located in, or derive significant business from, emerging markets, including China.
Top 10 holdings:
Asia is at the meeting point of capital, compute, talent, and algorithms, and where every token the world consumes ultimately has to be made, says Morgan Stanley Investment Management’s Jitania Kandhari.
Peter Flavel is named as chair and independent non-executive director of the board of Schroder & Co (Asia).