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Podcast: First State Global Agribusiness Fund | Trustnet Skip to the content

Podcast: First State Global Agribusiness Fund

25 August 2010

Rising demand for biofuels and population growth are some of the factors increasing investor interest in agriculture.

By Lora Coventry,

Analyst, Financial Express

Population growth, rising living standards in developing nations and increasing demand for biofuels are boosting demand for agriculture, according to Skye Macpherson, co-manager of the newly-launched First State Global Agribusiness Fund.

Speaking in a podcast, Macpherson said the global agribusiness sector had outperformed global equities by 10 per cent over the past five years, making it an attractive investment.

The fund is the latest such vehicle to launch, taking advantage of the agriculture sector, which managers and intermediaries say is set for long term growth.

Baring launched its Global Agriculture fund in January last year, while BlackRock added to its range of resources funds in February this year with the BGF World Agriculture fund.

Financial Express data shows the BlackRock fund as the best performer to date, but it is not wise to judge a fund over such a short time frame.

Click here to view the Podcast

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Source: Financial Express Analytics


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Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.