Former lead manager on the fund, Lan Wang Simond, will now focus on the Pictet Total Return – Mandarin Fund which she as managed since launch on 4 March 2011, as well as Pictet’s range of Greater China long/short equity portfolios.
The two new managers of the fund, part of Pictet’s Luxembourg domiciled Sicav range, are Pauline Dan and David Chen, head of the Greater China team and senior investment manager, respectively.
The Pictet Greater China Fund was launched 18 December last year and has so far attracted investment of £253m. The stated objective of the fund is to be at least two-thirds invested in the equities of companies “whose main business and/or registered office is in Hong Kong, China or Taiwan”.
According to its factsheet, the fund currently has its highest weighting towards the financial sector, accounting for 32% of its asset allocation. It also has high weightings towards IT (20%) and telecommunications (10%).
The fund is available to investors across Europe – including in the UK – as well as in Singapore.
