Threadneedle launches Asia hedge fund

The firm says the Threadneedle Asia Crescendo fund will benefit from a trend developing whereby capital and wealth is transferred from developed to emerging markets. Asia is seen as a key region in this respect, with the trend expected to create investment opportunities, both long and short. The fund is managed by Jan de Bruijn, a senior manager on Threadneedle's Far East and Asia Equities team. He said: "Due to the sheer scale of the region, analyst coverage can be patchy beyond the well known names and this provides a fertile hunting ground for us, given our emphasis upon primary re...