忠诚Floats Oeic Version Of EM Fund

忠诚has unveiled an onshore Oeic version of its $700 millionEmerging Asiafund,Investment Weekreports. The vehicle, which is managed byTeera Chanpongsang, will sit along with Fidelity’s existing range of onshore offerings.

The vehicle, which was rolled out in 2008 as a Luxembourg-domiciled SICAV, has a customized benchmark, with 33% in China, 33% in India and Pakistan, and 33% in ASEAN ex Singapore. It can also invest in regions, including Vietnam, Bangladesh and Sri Lanka.

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