China A-Share fund launch

Martin Currie is to launch a China A-Share fund in mid July. The group believes the long-only fund is the first of its type in the world that can invest in the Chinese domestic market. The Bermuda-domiciled and Dublin-listed fund will be managed by Chris Ruffle. Ruffle, who is based in Shanghai, also runs the group's other funds in the region, including the China Heartland and China Absolute Return portfolios. The aim of China A Share is to outperform the Shanghai A share index through a concentrated portfolio of 20-30 stocks. Although the A share market is not open to mainstream...