Harvest Global Investments, a Chinese and Asian markets asset manager, has launched its first UCITS-compliant sub-fund, Harvest China Evolution Equity Fund.
The fund will primarily invest in equity or equity-related securities and will provide investors with access to all Chinese investment channels, including Hong Kong listed securities, China companies listed as ADRs and domestic A-share stocks via the stock connects.
The fund will be managed by Yannan Chenye, portfolio manager and head of China research at Harvest. Chenye joined Harvest in 2015, from Amundi Asset Management, where she was the Greater China investment manager. The investment team implements an alpha-driven investment strategy that combines bottom-up fundamental research with top-down sector allocation and proprietary risk management to exploit market inefficiencies.
Harvest China Evolution Equity Fund will capitalise on structural economic changes, investing in the best and brightest Chinese companies from the “new China economy” including those in technology, alternative energy, and healthcare sectors. As China is becoming more dynamic and sophisticated, with quantum leaps in value growth and market access, Harvest’s tailored outcomes and on-the-ground research teams seize on investment opportunities in both onshore and offshore Chinese equity markets.
Peter Lindqvist (pictured), CEO at Harvest Global Investments UK, says: “The Harvest China Evolution Equity Fund provides investors with exposure to the Chinese equity market with an emphasis on companies associated with new and exciting economic transformations.
“Harvest’s parentage and resources give us a strong foothold in China, which provides our investors with an independent and unique insight into Chinese markets and their place in the global economy. There is potential for quantum growth in Chinese equity markets which requires local insights and rigorous research to capture. Our on-the-ground team of over 200 investment professionals is able to navigate this huge wealth of opportunity and risk.”
The fund is currently available to institutional and wholesale investors in the UK, Luxembourg, Finland and Switzerland. The fund will be registered for distribution in other jurisdictions at a later stage.
