Eastspring Investments launches Global Balanced Target Return Fund

Eastspring Investments chief sales and marketing officer Yap Siok Hoon:"In these volatile conditions, each asset class behaves differently, with some asset classes viewed as a safe havens, while others have attractive value. As such, a dynamic portfolio providing access to different asset classes in global markets, provides diversification with the opportunity for long-term growth."

KUALA LUMPUR: Eastspring Investments Bhd's newly launched global balanced target return fund will invest in a diversified portfolio of local and foreign collective investment schemes.

It said on Tuesday the CIS will provide the Eastspring Investments Global Balanced Target Return Fund will provide investors with exposure to different asset classes, including equities and fixed income securities.