Lloyd George (LG) Management offshore Asian and emerging markets funds will now be available to UK a...
Lloyd George (LG) Management offshore Asian and emerging markets funds will now be available to UK and European retail investors through a UK Oeic.
The five funds available in the UK Oeic will be mirrors of existing LG ranges and will include the Bermuda-domiciled LG Asian Small Companies Fund, and a range of other retail and institutional mandates. All funds will be actively managed.
The funds will be available in the UK and LG distribution partners in Switzerland, the Netherlands, France and Germany.
LG Asian Small Companies Fund is to be managed by Kooi Cho Yu and is to invest in a broad range of growing companies with a market capitalisation of up to $1,500m in the Asian region.
Samir Mehta, chief investment officer, is to manager both the Asia Pacific Fund and the LG Developed Asia Fund. These were originally institutional mandates run from the Hong Kong office.
The Asia Pacific Fund will invest in developed Asian countries as well as China, India, Indonesia, Malaysia, Thailand, Taiwan and South Korea. The Developed Fund invests only in Hong Kong, Singapore, Australia and New Zealand.
The LG China Fund is to be managed by Hong Kong-based Pamela Chan and is based on a US-domiciled fund, the EV Greater China portfolio. It will invest in growth opportunities in China, Hong Kong and Taiwan.
Jacob Rees-Mogg is to run the LG Global Emerging Markets Small Companies fund which will be based on an existing institutional mandate. It will invest in quoted companies with market capitalisation of between $150m and $15bn.
Robert Lloyd George, chief executive officer at LG, said: "We see Asia as a strong growth region where the capital markets are not yet reflecting the true growth of the economies, thus creating some excellent long-term investment opportunities."
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