Bestone Asset Management has launched the Bestone China Opportunities Fund.

The fund invests exclusively in Chinese companies which have most of their assets in or derive most of their revenues from China, regardless of countries of origin or listing.

The investment strategy is value and event driven. The fund is unlevered and targets 25 to 35 per cent return with ten to 15 per cent volatility.

The management team is made up of native Chinese investment professionals with more than 42 years’ combined experience in both the Chinese and overseas investment markets.

The research team is based in Shanghai.

Bestone Asset Management is an offshore registered investment management company founded by Chinese entrepreneur Zhiwei Liu and veteran investor Frank Fei in 2008.