East Capital launches ESG China fund

China A-Shares Sweden’s East Capital has launched a Ucits China A-Shares fund that incorporates environmental, social and governance investing.

Peter Elam Håkansson, chairman and chief investment officer of the firm, said: “We see this launch as a natural step in the evolution of our China A-Shares strategy and one which builds on the terrific results that the team has been able to deliver to our clients since its inception in 2014.

“We believe that the Ucits structure offers the best format for our clients.”

The fund is benchmarked against the MSCI China A Index.

Håkansson added that A-Shares were becoming more attractive to investors following MSCI’s inclusion of the shares in its emerging markets index and the recognition that they “typically are a better representation of the growth dynamics with a bias on consumption and services”.

Valuations currently offered good entry points, he said.

East Capital has € 2.9 billion of assets under management and an office in Hong Kong.

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