Martin Currie’s low-vol Asian strategy gains momentum


Institutional investors are re-allocating a considerable amount of their money to long-only, low-volatility Asia-focused funds, and the beneficiaries are managers running well-established long-only strategies that have delivered buoyant performance in recent months.

A good example is Edinburgh-based Martin Currie, whose Asia-focused long-only strategy has attracted $441 million in assets, most of it just recently. About $137 million of that is invested in the Asia Long Term Unconstrained Fund, an offshore fund launched in October 2008 that sat alongside a new segregated account – also started in the second half of 2008.

The fund delivered a 14.6% return