Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of 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 Volatility is back, Europe's future & Ethical's key moment

Volatility is back, Europe's future & Ethical's key moment

This week’s episode of Investment Pulse takes a look at European prospects, FTSE volatility and whether public pressure is about to provide a push for ethical investment

Play Volatility spike: How ETFs can soften the blow

Volatility spike: How ETFs can soften the blow

ETFGI’s Deborah Fuhr discusses the role of ETFs in client portfolios during volatile market conditions

Play Winter market warmers, the post QE world and timing the Fed

Winter market warmers, the post QE world and timing the Fed

This week’s episode of Investment Pulse looks at the winding down of quantitative easing, whether to try and time a US Federal Reserve rate rise and if strong seasonal performers can reverse recent market slumps

Wealth Manager on Twitter