RWC Partners confirms Asia Ascent long/short launch date

The fund is an Asia-focused Ucits III fund, designed to complement the existing range of funds managed by Miles Geldard and Lee Manzi. The flexibility allowed under Ucits III means the fund will take short exposure to the market and stocks. It is anticipated the additional flexibility will significantly enhance the fund’s returns in periods of market weakness, said the company. Targeting index outperformance, the Asia Ascent fund will draw upon the hedge fund expertise of the Asian team with Chris Shale joining Carmel Peters and Kirsty McLaren for the launch. Shale joins RWC Partners ...