Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

BlackRock launches Asia Special Situations fund

BlackRock launches Asia Special Situations fund

A new Asia Special Situations fund has been created by BlackRock for Andrew Swan.

Swan (pictured), who is head of Asian fundemental equities at BlackRock, and co-manager Emily Dong will build a concentrated and high-conviction portfolio of between 30 and 60 Asian excluding Japan domestic stocks.

‘Over time, the fund will have a mid-cap bias, ensuring we focus on the potential Asia success stories of the future,’ said Swan. ‘We will be looking for new companies and new management teams that are emerging within the vibrant Asian market.’

The fund will follow a similar investment strategy to that of Swan’s offshore BGF Asian Growth Leaders A2 USDAsian Growth Leaders fund, which has returned a top-decile 12.5% over the past year compared with a peer-group average of 1.1%.

This performance earned Swan an Citywire AA-rating for seven consecutive months up March 2014.

The fund will require a minimum initial investment of £500, and its annual management fee will be 1.5%.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play On the Road Challenge: Clay pigeon shooting with Thesis' Lansdowne

On the Road Challenge: Clay pigeon shooting with Thesis' Lansdowne

Eleanor Mahmoud goes clay shooting at the National Clay Shooting Centre with Sam Lansdowne from Thesis Asset Management

Play AA-rated Flood on gov't bonds: 'the maths doesn't add up'

AA-rated Flood on gov't bonds: 'the maths doesn't add up'

He also addresses why his Newton Multi-Asset Income fund has such a high cash weighting and why he sees renewables as such a good opportunity.

Play AAA-rated Ali: Identifying the peripheral European plays

AAA-rated Ali: Identifying the peripheral European plays

Citywire AAA-rated Tawhid Ali thinks that plenty of good stocks in the European periphery are being thrown out with the proverbial bath water.

Read More
Your Business: Cover Star Club

Profile: Brewin's Cardiff boss on the Welsh opportunity

Profile: Brewin's Cardiff boss on the Welsh opportunity

Prior to becoming head of Brewin Dolphin Cardiff, Welshman David Myrddin-Evans had only previously visited the city to watch the rugby.

Wealth Manager on Twitter