BNY Mellon launches ‘global leaders’ fund

BNY Mellon Investment Management has announced the launch of a new fund which will invest in up to 30 of the world’s biggest and most innovative companies.

BNY Mellon launches ‘global leaders’ fund

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The BNY Mellon Global Leaders Fund will be managed by BNYM subsidiary and global equities specialist Walter Scott & Partners.

It will invest in ‘global companies with dominant business models’ which offer enduring growth potential and strong cash flows.

Walter Scott uses a team-based approach in its analysis and stock selection, with 19 investment professionals involved. 

The fund is registered in all standard BNY Mellon Global Funds European jurisdictions, including Denmark, France, Germany, Italy, Switzerland, the Netherlands and Spain. The minimum investment is £5000, €5000, $5000 or depending on the share class.

“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 BNYM IM.

“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.”

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