Vontobel launches emerging markets ex-China equity fund

The Vontobel Fund - mtx Emerging Markets Leaders ex-China invests in EM companies considered to be "industry leaders in terms of profitability, industry position as well as attractive valuation", while also meeting the firm's minimum ESG standards. "China is the second largest economy in the world and it continues to play a crucial role in the evolution of the broader emerging market universe," said Roger Merz, head of mtx portfolio management.  "However, as China's economy has grown exponentially in recent years, its weighting relative to other emerging markets has also increased sig...