Polar Capital is set to launch the fourth fund for its emerging markets (EMs) team this January, an open-ended fund specialising in Asian equities, as it details its emerging market investment strategy.
The Asia Stars fund will launch at the start of next year subject to central bank approval, joining the Emerging Market Stars, China Stars and the Cayman-domiciled long/short China Mercury funds, which were all launched this year. The strategy is managed by Jorry Nøddekær and his team who joined Polar Capital this June from Nordea. Nøddekær said, while Asia was a large weighting of the EM Stars fund (at 79%), there would be a ten to 12-stock difference between the two funds as the EM fund includes areas such as Russia and Brazil. The Asia Stars fund will also allow the team the opp...
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