Launches & Closures

E Fund readies two global emerging market funds

by

Charles Wang
One of China’s biggest asset managers, E Fund Management, is launching this year two global emerging market funds through its Hong Kong arm and hopes to initially raise a combined $500 million for both.

The first fund, the long-only Global Emerging Markets China Enhanced Fund, is scheduled to launch at the end of the month while the second fund, the alternative Global Emerging Markets Opportunistic Long-Short Fund, will make its debut three to four months thereafter.

Charles Wang, the CEO of E Fund Management (Hong Kong), says the success of the long-only fund