Asian specialist brings three funds to UK

Asian investment house Lion Global Investors (LGI) has launched three funds into the UK, including an Asian Income mandate which it hopes can challenge the existing powerhouses in the sector.

The group, part of Chinese banking giant OCBC, has launched the L Global Asia High Dividend Equity, Asia High Yield Bond, and Asia Local Currency Bond funds. The three funds are all structured as Luxembourg-domiciled SICAVs, with the equity mandate overseen by ex-Gartmore fund manager Jan de Bruijn who joined LGI last year as head of Asian ex Japan equities. The Asia High Dividend Equity fund aims to capture the growing Asian equity income story, with manager Lim Fang Suan focusing on some of the more developed markets in Asia which already have more of an income culture. The fund ...