The fund will 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 and domestic A-share stocks via the stock connects, said the asset manager.
The fund will be managed by Yannan Chenye, portfolio manager and head of China research at Harvest.
According to the firm, the fund’s strategy is “alpha-driven” combining “bottom-up fundamental research with top-down sector allocation and proprietary risk management to exploit market inefficiencies”.
The fund will also aim to will capitalise on structural economic changes, investing in Chinese companies in the technology, alternative energy, and healthcare sectors.
Peter Lindqvist, chief executive at Harvest Global Investments UK, said: “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.”
