Singapore-based hedge fund firm APS Asset Management has struck an alliance with Edinburgh-based Martin Currie that will allow it by November to undertake, on a delegated basis, the management of the latter’s $2.7 billion Greater China and China ‘A’ share mandates.
The strategic partnership between the two China investment specialists was formed after Martin Currie severed a five-year relationship with partners based in China who have been managing the portfolio.
The $2.7 billion Greater China portfolio, which...