A high conviction Asian (ex-Japan) equity fund has been launched by Man GLG, the discretionary arm of hedge fund Man Group.
The Ucits fund will have a minimum 70% active component composed of roughly 35-45 positions across all market caps with a preference for mid-cap companies over time.
The fund will be led by head of Asia Equities (ex-Japan), Andrew Swan, who joined the firm in August 2020 from BlackRock.
“Many of the largest emerging market economies in Asia have undergone significant structural improvements over the last two decades and these, coupled with high levels of GDP growth, have provided fertile ground for companies to prosper,” said Swan.
“Despite this, they remain relatively under-researched and less efficient than developed markets, so we believe they offer ample opportunities for investors over the economic cycle.”
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