What's New In Investments, Funds? - Value Partners

Editorial Staff

4 October 2019

Value Partners
London and Hong Kong China specialist has rolled out an All China Equity Fund, the first such entity that the business has launched.

Managed by investment director Man Wing Chung, the fund contains a blend of onshore and offshore China holdings. It is an alternative to the group’s Greater China Equity Fund, which included holdings from other parts of Asia, including Taiwan.

The new strategy will be benchmarked against the MSCI China All Shares Index and will harness the group’s stock-picking capabilities. Following the launch, the Value Partners Greater China Equity
Fund will be closed, and its assets will be moved over to the new All China Equity Fund, the firm said in a statement earlier this week.

“We’ve seen an increase in demand from investors in the UK and Europe for a China only solution and so are responding to their requirement,” Hendrik von Ripperda-Cosyn, head of business development for EMEA, said.

The fund is expected to hold a concentrated portfolio of 20 to 30 stocks at about two-thirds of its net asset value. The total expected number of holdings is 80 to 100 stocks; its base currency is US dollars and it is structured as a Dublin-registered open-ended investment company. It is a UCITS-compliant structured vehicle.