Lloyd George Management is to launch a Far East ex Japan Oeic fund run by Adaline Ko in the coming w...
Lloyd George Management is to launch a Far East ex Japan Oeic fund run by Adaline Ko in the coming weeks.
The investment house is currently seeking approval from the FSA for the fund, to be called LG Eastern Opportunities, which it hopes to get by the beginning of next month.
Lloyd George Management previously ran the investment mandate for Henry Cooke's Solus Eastern Enterprise Oeic fund, which was managed by Ko.
The investment mandate for Solus Eastern Enterprise switched to Lawrence Yip and Christopher Wong of RHB Asset Management last month.
LG Eastern Opportunities will be run along similar lines to Ko's management of Solus Eastern Enterprise.
Under Ko's management as at 11 October, the fund was weighted 25% in Hong Kong, 12% in Taiwan and 18% in Singapore.
Since taking over Solus Eastern Enterprise, Yip has cut exposure to Singapore to 8% and has boosted the Taiwan weighting to 19%.
Yip focuses on a contrarian style of fund management, looking to add value where his expectations differ significantly from the market consensus.
He has also added to the fund's weighting in Malaysia, increasing the exposure to 7% from 6 6%.
Partner Insight: For Blackfinch, the arrival of its IHT portfolio services was a 'natural evolution' in the group's offering and points to an established track record of returning cash to investors.
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