Latest News From the Asian Investment Managers website
10 Aug 2012
For your regular weekly digest of fund industry news, links to more than 50 new stories every week can be found on the Asian Investment Managers Guide website. For access to the full list of stories, click the link below http://www.funds-asia.com
Here is a sample of the stories you will find on the site:
Matthews Strategic Fund Finds Good Buys in Asia
The global economy's near-term outlook isn't too bright, but diligent, name-picking investors can find opportunities for growth in foreign markets if they are prepared to live with volatility. Teresa Kong, who manages the Matthews Asia Strategic Income Fund (MAINX), shares this viewpoint. She is looking past the global shakiness to snap up bonds from strong corporations and countries in Asia, which she views as the world's growth engine.
It's a strategy that is inherently risky, but one that allows Ms. Kong to separate herself from the pack amid the gloom that is forcing many investors into defensive strategies. "People are overly concerned about the overall macroeconomic environment," said Ms. Kong, who launched her fund last November hoping to offer investors a wider array of opportunities in Asia.
Russell launches China A Equity fund
Global asset manager Russell Investments has launched China A Equity fund. The fund is supported by a specialist manager research team based in Shanghai through Russell's joint venture Ping An Russell Investment Management. On-the-ground presence will enable Russell to react quickly and take advantage of opportunities in the fast-evolving asset management industry.
Citi Appointed by Value Partners To Provide Custody, Administration and Fiduciary Services For Its First UCITS Fund
Citi was awarded a mandate by Value Partners Group Limited, one of Asia's largest asset management firms with assets under management of over US$7.2 billion, to provide a complete suite of global custody, fund administration, and fiduciary services for Value Partners' first UCITS-compliant fund- Value Partners Absolute Greater China Classic Fund. Launched in June 2012, the new UCITS fund is a sub-fund of Value Partners Ireland Fund plc, a Dublin-domiciled umbrella
Author: Richard Newell