Schroders has launched new Polish zloty hedged share classes for two of its Asian funds, the Schroder ISF1 Asian Total Return and Schroder ISF Asian Convertible Bond, in response to expected currency strengthening against the dollar and the positive economic and political outlook for Poland.

Euro hedged and US dollar share classes are already available for the funds, and the addition of zloty classes is both a move to strengthen Schroders’ distribution network and an indication of its commitment to Poland, the firm said in a statement.

“Investors in Poland have become increasingly interested in convertibles due to their ability to work well in the different stages of the market cycle and to offer protection from inflationary fears. This share class will therefore offer investors a cheap way to benefit from the global and Asian growth stories but with protection in volatile markets," Kurt Fisch, manager of the Schroder ISF Asian Convertible Bond, said in a statement.

Schroders’ view on Asia is that despite near-term headwinds, the economic fundamentals of the region remain sound. Robin Parbrook, co-manager of the Schroder ISF Asian Total Return fund, further said that the firm is cognizant that Asian markets are volatile and cyclical and so his fund's investment process is focused on reducing volatility and concentrating on stocks that benefit from secular growth in Asia.