Launches & Closures

Open Door eyes 2012 launch for new China strategy


Chris Ruffle
Veteran Shanghai-based China fund managers Chris Ruffle and Ke Shifeng are set to launch a new fund in January 2012, execution of which will be handled by a new firm called Open Door Capital Advisors. The duo parted company with Martin Currie in July this year and handed back the fund that they had highly successfully managed for Martin Currie for the past decade.

The China Absolute Return fund will use bottom-up stock picking to craft a portfolio of 40 to 50 names listed predominantly in Shanghai, Shenzhen, Hong Kong and Taipei, with