Responsible Finance Leads BMO's Emerging-Markets Strategy -- Market Talk

Responsible finance is the leading theme in BMO Global Asset Management's global emerging-market equity strategy, representing 41% of the portfolio's holdings, the money manager says. BMO says investments have driven financial inclusion in developing economies, including holdings in Malaysia's Bank Rakyat, India's HDFC Bank and Nigeria's Guaranty Trust Bank. Another 26% of the companies are linked to food and nutrition while 13% support health and well-being, such as plant-based beverage maker Vitasoy and China's AK Medical, BMO says. "For over 35 years we have seen continued demand from clients who want the values that they hold dear expressed through their investments," says Kristi Mitchem, chief executive of BMO Global Asset Management. ([e-mail]; @dieterholger)

(END) Dow Jones Newswires

September 16, 2019 08:22 ET (12:22 GMT)

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