Ashmore launches China All Share fund

Ashmore has launched a Chinese equity fund in response to “sustained” investor demand.

Structured as a Sicav, the Ashmore All Chinese Equity fund will invest in both the onshore and offshore China equity markets and can allocate to Chinese H-shares, American Depositary Receipt markets and A-shares, using a bottom-up stock picking investment approach.

The fund’s retail share class will have a management fee of 1.95 per cent. 

Ashmore already manages a dedicated China equity strategy, investing primarily in A-shares under the RQFII licence, which the company acquired in 2014.

Ashmore global head of distribution Christoph Hofmann, says: “China is the largest emerging market economy and the second largest in the world and is undertaking a dramatic reform agenda that will see its next phase of growth driven by domestic demand. The breadth and depth of its markets offers extraordinary access to companies that can benefit from this exciting, long-term investment story.”