Asset manager Chikara Investments LLP has launched the Chikara Global Emerging Markets Opportunities Fund aiming at long-term capital growth through investments in well-governed, undervalued companies.
The long-only, daily liquidity Irish domiciled Ucits fund will remain independent of indexes, typically maintaining an active share exceeding 95%, and holding 20-35 stocks.
The fund will be managed by Jonathan Asante and his team, including Tom Prew, Chris Grey and Joanna Kay in the UK, with Dominic St George contributing from the US. All five of whom worked together previously at Stewart Investors.
Asante said: “We have, over time, developed an approach of how best to both encourage and benefit from material improvements in the livelihoods of millions of people from Asia to Latin America and Africa, and the opportunity in emerging markets has rarely been more appealing.”
James Tollemache, CEO of Chikara Investments LLP, commented: “With significant long-term outperformance of the Chikara Indian Subcontinent fund and the Chikara Japan Income and Growth fund, this new offering complements our existing strategies well.”
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