Axa Investment Managers (Axa IM) has introduced a new strategy, which adds to its thematic fund suite and offers exposure to companies in China.
Dubbed All China Evolving Trends, the new vehicle invests in A-shares through the Hong Kong Stock Connect as well as Hong Kong-listed H-shares.
The strategy invests in globally-listed Chinese firms based on five themes, namely ageing and lifestyle, connected consumer, automation, clean technology, and transitioning societies.
The vehicle is run by William Chuang. At present, Chuang manages the Greater China region research for AXA IM Framlington Equities investment platform.
Commenting on the strategy launch, Chuang stated that “this was the optimum time to launch an All China strategy as the Chinese A-share market attracts greater interest following its inclusion into various indices”.
Chuang further noted that “there are plenty of high quality companies, which are benefitting from structural growth drivers, including rising consumption, technology, innovation and shifting demographics”.
Developments at Axa IM
Last month, AXA IM collaborated with BNP Paribas Asset Management, Mirova, and Sycomore Asset Management to develop a tool that can measure investments’ effect on biodiversity.
In October 2019, AXA IM CEO Andrea Rossi and chairman Christof Kutscher stepped down from their roles.
Earlier last year, AXA IM – Real Assets announced plans to acquire NorthStar Realty Europe, a real estate investment trust company.