Martin Currie

Martin Currie has acquired the $140m Sofaer Capital European hedge fund along with its management team.

Martin Currie has poached Sofaer Capital's Andrew Graham to take on the role of senior investment manager on its Asian equities team.

Martin Currie has poached Swip's head of global emerging market equities Kim Catechis and investment director Alistair Reynolds.

China-focused funds keep on coming with some advocating an IMA China sector

ON THE US

Martin Currie has closed its China hedge fund to new subscriptions after assets under management reached $203m.

Martin Currie is to hire a new manager for its $255m Asia Pacific Sicav to work alongside Jason McCay and Richard Evans.

The growing number of China funds being launched warrants the introduction of a new IMA sector for the country, managers believe.

Martin Currie manager is seeking out 20%-25% on a reasonable investment horizon on his Global Energy vehicle one year on from its launch

"I am making £28.50 from every £1 - this scheme has 50,000 people in it."