- It aims to achieve long term capital growth through a bottom up, fundamental, investment approach
- It will consist of a portfolio of 25 to 30 of the world’s most innovative and market leading global companies
- Registered in Denmark, France, Germany, Italy, Switzerland, the Netherlands and Spain
BNY Mellon Investment Management has launched the BNY Mellon Global Leaders Fund, investing in global companies with dominant business models, enduring growth potential and strong cash flow generation.
The fund is managed by global equity manager Walter Scott & Partners, fully owned by BNY Mellon, and aims to achieve long term capital growth through a bottom up, fundamental, investment approach.
It will consist of a portfolio of 25 to 30 of the world’s most innovative and market leading global companies. The strategy will be biased towards large cap companies ensuring sufficient liquidity.
The fund is registered in all standard BNY Mellon Global Funds European jurisdictions including Denmark, France, Germany, Italy, Switzerland, the Netherlands and Spain.
Minimum investment is €5000, $5000 or £5,000 depending on the share class.
“Walter Scott has an outstanding long term track record and is renowned for its rigorous and proven approach to global equity investing. In an environment which is likely to become more challenging, Walter Scott believes markets will become more discerning and quality will be rewarded,” said Matt Oomen, head of International Distribution at BNY Mellon Investment Management. “We are delighted to offer investors a concentrated, benchmark agnostic, outcome driven portfolio which aims to harness the power and stability of the biggest and best run global businesses.”
As of 30 September 2016, BNY Mellon IM had $1.7trn (€1.57trn) in AUM.