Value Partners Group has launched a UCITS-compliant version of its flagship Asia-focused hedge fund.
The Absolute Greater China Classic Fund will follow the same strategy as Value Partners’ 19-year-old Classic Fund, which involves investment in equity and equity-related securities listed in the Asia Pacific, particularly in the Greater China region. It is the firm’s first self-branded UCITS fund.
“Under the current Eurozone debt crisis and slow global growth environment, investors are keen to explore fund products that have an Asian focus and exposure,” CEO Timothy Tse said. “This new UCITS fund provides investors with an opportunity to access the strong growth potential in Greater China at a relatively attractive valuation through a well-recognized, regulated vehicle.”
Value Partners is one of Asia's largest asset management firms with assets under management of over US$7.9 billion.