Prescient Investment Management has launched a China equity fund that will mainly invest in A shares listed on the Shanghai and Shenzhen Stock Exchanges.
The Prescient China Equity Fund is seeded with $100 million (€87.9 million) and has been established as an Irish regulated Ucits.
“Prescient has a successful five-year track record of investing in China in a Ucits compliant format,” said Liang Du, the South African group’s chief executive officer in China.
“This latest fund reflects investor demand for mainland Chinese equity exposure, which we currently view as offering attractive valuations with world leading opportunities for alpha in the medium to long-term,” added Du.
Rob Childs, head of international at Prescient Fund Services Ireland added: “Together with our third-party client base, this is the 24th fund to launch under one of the four AIFMD/Ucits platforms that Prescient offers to clients”.
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