Invesco has announced the launch of two new funds: Invesco China A-Share Quality Core Equity fund and Invesco China A-Share Quant Equity fund.
Both are Ucits-compliant Sicavs which will be available to institutional and retail investors in the UK and a number of authorised countries across Europe.
Invesco China A-Share Quality Core Equity fund aims to deliver long-term capital growth by investing in the A-Shares of Chinese companies listed on the Shanghai and Shenzhen stock exchanges. It will focus on attractively-valued companies with sustainable growth potential, underpinned by strong business models and sound balance sheets. Under the management of Chris Liu (Invesco Hong Kong Limited) based in Hong Kong, it will adopt a high-conviction, bottom-up approach: its portfolio will typically consist of 30-40 stocks.
Invesco China A-Share Quant Equity fund will employ a quantitative, multi-factor investment approach. It aims to achieve long-term capital growth. It will invest in the A-Shares of Chinese companies listed on the Shanghai and Shenzhen stock exchanges, and will be managed by Alex Tavernaro based in Frankfurt alongside Andrew Tong based in Hong Kong (Invesco Quantitative Strategies).
Invesco has a strong presence in China, with a breadth of operations and capabilities covering both public and private markets. In 2003, it launched the pioneering Invesco Great Wall Management Company Ltd (IGW), the first Sino-American Joint Venture Fund Management Company in China.
For the two aforementioned funds Invesco Great Wall Management Company Limited may support the investment manager to provide a non binding sub-advisory service.