As a multi manager fund, its assets are invested in a number of different managers. At launch the portfolio comprises two high-conviction managers and a large-cap investment strategy portfolio.
The two external managers are Beijing Runhui Asset Management and Bank of Communications Schroder Fund Management.
However, Russell said the fund structure would evolve over time. A third manager is expected to be added in the coming months.
The fund is supported by a Shanghai-based manager research team through Russell’s joint venture Ping An Russell Investment Management.
©2012 funds europe