Niche Far East boutique Atlantis Investment Management has recruited Yang Liu from China's Internati...
Niche Far East boutique Atlantis Investment Management has recruited Yang Liu from China's International Trust and Investment Corporation (CITIC) as managing director of its Hong Kong office.
Liu has managed CITIC's closed end China fund, the Australia listed New Era PR fund since its launch in 1993.
She will be responsible for the Atlantis business and investment strategy for the China region. Atlantis has indicated that she will also manage assets and the company is expected to launch a vehicle for her before the end of the year.
Liu had previously been with CITIC, one of the larger domestic financial institutions, for 14 years.
In addition to her fund management responsibilities, Liu also operated as chief investment officer of CMG CH China Investments, a joint venture between Colonial First State and CITIC.
Peter Pearson, Atlantis managing director, said: 'Our business philosophy, which is to attract the world's top fund managers in their specialist Asian markets, is well known. Yang is the best fund manager in the China region. She joins us at an exciting time. China's economy is growing at over 7% a year when the rest of the world is struggling. China's structural reforms and entry into the World Trade Organisation (WTO) is providing more investment opportunities than at any time in the past.'
Atlantis, set up in 1994 by former Schroder Korean fund manager Peter Irving, specialises in investing in Asian equities. Authorised funds available to UK investors include the $19m Atlantis Asian Recovery fund, managed by Tony Jordan, the $184m Atlantis Japan Growth fund, run by Ed Merner and the $225m Peter Irving-managed Atlantis Korean Smaller Companies portfolio.
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