RWC Partners has confirmed that its Asia Ascent fund will be launched on October 20.
The Asia-focused UCITS III vehicle will complement the existing range of UCITS III funds managed by Miles Geldard and Lee Manzi. Targeting index outperformance, the fund will utilise hedge fund expertise of the Asian team, with Chris Shale joining Carmel Peters and Kirsty McLaren for the launch. Shale joins RWC Partners from Sofaer Capital, where he worked alongside Peters and McLaren. Peter Harrison, chief executive at RWC Partners, commented: "Bringing experienced hedge fund managers to the UCITS market is the best way of exploiting the increased flexibility allowed under UCITS I...
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