RCMis planning to float a new GEM multi-asset fund,Investment Weekreports. The new fund, which is expected to be launched in the second quarter of 2011, will provide downside protection in times of market stress.

The fund will seek to deliver returns with a low level of volatility through a portfolio of global emerging market equities, bonds and commodities. The vehicle will be managed by RCM’s global multi-asset team.

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