Schroders mulls global version of Asian multi-asset fund

UK-based Schroder Investment Management is considering launching a global version of its Asian high-yield multi-asset fund amid signs such a vehicle may be growing in popularity. The Schroder Asian Asset Income Fund, which went through a three-week subscription period before it started trading on June 27 this year, has gleaned close to $800 million among retail investors already, says Richard Coghlan, head of the firm’s multi-asset team in Hong Kong. He says the fund house is al…