Martin Currie launches China Oeic

The vehicle is similar to Chong's Sicav Greater China fund but will focus on China and Hong Kong, while exposure to the poorly-performing Taiwan market is optional. The fund is a 40-60-stock, multi-cap portfolio of Martin Currie's best investment ideas across China and Hong Kong. It is benchmarked against the MSCI Zhong Hua index, and has an annual management charge of 1.5% and an initial charge of 5%. Chong will be based at Martin Currie's Edinburgh headquarters but will utilise the firm's 13-strong team of Mandarin-speaking analysts based in Shanghai. "Some commentators seem to t...