China to pave the way for second wave of UCITS launches, says Galaxy
Tue Jan 4, 2011
The second wave of hedge fund managers launching UCITS funds will include a number that use China strategies, according to Eddie Kir from Hong Kong-based Galaxy Asset Management.
Many investors like investing in China and other emerging markets because they realise that growth in developed economies in the US and Europe will be flat in the next few years, according to Kir, director of marketing and business development for Galaxy.
Eddie Kir from Galaxy Asset Management
He adds: “There are a lot of investment managers in Hong Kong that are planning to launch a UCITS version of their hedge fund in 2011.”
Galaxy launched its equity long/short China Absolute Return UCITS Fund on the Dublin-domiciled Merchant Capital platform in November 2010. It currently has...
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