Neptune eyes changes to Asia Pacific Opps fund

Neptune Investment Management has proposed changes to the mandate of Thomas Sinclair’s £17.3m Neptune Asia Pacific Opportunities fund.

The asset manager declined to offer additional details on the amended mandate, but Fundweb understands the product’s name is likely to be changed to the Neptune South East Asia fund as a result.

Neptune has approached the Financial Services Authority and unitholders to seek approval for the changes.

A statement from the company says: “Neptune is proposing to re-shape the investment remit of the Neptune Asia Pacific Opportunities fund. (article continues below)

“We believe that the structural growth outlook in this region is excellent and this revised mandate will enable a more focused approach to opportunities in SE Asian countries.”