International private bank and asset manager EFG Asset Management is set to launch a concentrated Chinese equity fund for ex-GAM manager Mansfield Mok.
The New Capital China Equity fund, a UCITS IV fund, will be launched in mid-August, subject to regulatory approval. At GAM, Mok co-managed the £834m GAM Star China Equity fund with manager Michael Lai. He has 21 years of investment experience overall. According to EFGAM, the fund will have 25 to 50 stocks based around investment themes of domestic consumption, the internationalisation of the renminbi and the country's internet boom. It will combine bottom-up stock selection and top-down macro investment themes and will be benchmark unconstrained. Mok was poached from GAM back in...
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