The latest in funds and investments in Europe, Middle East and Africa.

Portfolio Metrix
PortfolioMetrix Asset Management, which has launched seven new funds, is expanding into continental Europe by working with Prescient Fund Services (Ireland).

The new offerings include three risk-profiled multi-asset, multi-managed portfolios optimized in euros, three for the Swedish market specifically and a global diversified fund.

The asset manager is working with Prescient as the UCITS management company and fund administrator for the funds.

PortfolioMetrix has offices in London, Dublin, Johannesburg, Cape Town and, most recently, Stockholm. “To build enduring businesses in individual countries, you need to embed yourself in the culture and commit to resources on the ground,” CEO Brandon Zietsman said.