First State Investments has launched China A Shares fund, a sub-fund of its Dublin-domiciled Ucits Fund.
The fund is designed to meet the growing demand from investors for exposure to companies in mainland China, through securities listed on the Chinese Stock Exchanges.
First State China A Shares fund will be managed by the First State Stewart Asia team and incorporate the team's bottom-up approach to stock-picking with an integrated focus on ESG issues.
The investment philosophy places an emphasis on investing in high-quality companies over the long term, seeking those with well-governed management teams and strong and stable franchises.
The fund will be managed from Hong Kong by portfolio manager Quanqiang Xian, together with the wider First State Stewart Asia investment team.