British fund manager Schroders has teamed up with Indus Capital to launch a long/short pan-Asian equity fund on its Gaia hedge fund platform.
The new Schroder Gaia Indus PacifiChoice fund will invest in equities as well as equity-related securities in Asia Pacific within Ucits framework.
The fund will combine bottom-up stock picking with a macro research overlay, covering the entire Asia Pacific region including Japan, Greater China, India and Australia.
Schroder Gaia director Eric Bertrand said: "We continue to see very strong demand for liquid alternative investment strategies, as clients seek to diversify their portfolios."
The new proposition will be managed by Indus Capital’s investment team, headed by Indus Capital managing partner and co-founder Sheldon Kasowitz.
"Global macro concerns have taken their toll on Asian markets recently. While external pressures remain, and China’s structural issues will continue to create volatility, the policy framework within the region is broadly attractive, and valuations are at the low to moderate end of the range. Our deeply fundamental, bottom-up stock picking approach is well suited to exploit the mispricings, both long and short, being presented across Asia," Kasowitz stated.