Swiss & Global launches Chindonesia fund

Swiss & Global has launched a fund investing in the emerging economies of China, India and Indonesia.

The Luxembourg-domiciled Ucits III vehicle will be managed by Jian Shi Cortesi and Vincent Lagger. It will invest in stocks in their early growth stage the managers believe have a competitive advantage. Lagger says the group chose these three countries because of their consistent and robust stock markets, favourable demographics and complementary nature. “The 21st century may well become the Chindonesia century. Indonesia is a leading supplier of energy and soft commodities, leveraging the growth of China and India," he says. “It also exhibits positive demographic trends, financ...