Man Numeric, Man Group's fundamentally-driven, quantitative investment business, has launched Man Numeric China A Equity, a new Ucits fund.
The fund will apply Man Numeric's established systematic investment process to Chinese equities, seeking to identify attractive Chinese A-Shares for investment. This is Man Numeric's sixth Ucits-compliant vehicle for European investors.
Man Numeric China A Equity provides investors with access to Man Numeric's China A-Shares strategy, which launched in 2018. The strategy is long-only and seeks to generate alpha using a fundamentally-driven, quantitative, bottom-up stock selection process applied across an expanded universe of around 1,400 publicly traded China A-shares securities. It is benchmarked to the MSCI China A Index and builds on Man Numeric's eight years of systematic investing in emerging markets.
Managed by portfolio managers Ori Ben-Akiva and Mickael Nouvellon, the fund applies a combination of proprietary valuation and information flow stock-selection criteria, and will seek to invest in companies which exhibit attractive valuations, favourable momentum and conservative capital use. The disciplined portfolio construction process is designed to capture alpha while managing sector and stock-specific risks.
Ori Ben-Akiva, head of International Strategy at Man Numeric, said: "With the opening up of the China A-Share market to foreign investors, and its addition to the MSCI Emerging Markets Index, we believe we are on the cusp of a new dawn for Chinese equities. We are excited about the compelling investment opportunity this represents for those looking to diversify their portfolio. We have adapted and refined our established systematic stock picking approach to the nuances of the China A-Share market, and through this strategy aim to offer investors attractive risk-adjusted returns in a market with ample opportunity for alpha generation."