BlackRock BGR China launches

BlackRock's BGF China fund, promising to maximise total returns, has launched today. The fund, par...

BlackRock’s BGF China fund, promising to maximise total returns, has launched today. The fund, part of the BlackRock Global Funds umbrella in Luxembourg, invests at least 70% of assets directly in Chinese equities. It is overseen by Nick Scott and will be co-managed by Jing Ning and Alan Wang, based in Hong Kong. “China’s economy has been a remarkable growth story since the 1980s,” said Ning. “Its equity markets have typically been volatile, governed by emotions. “We believe that our disciplined, valuation-driven approach to investing will lead to capital growth in the fund.”