William Blair IM pulls UCITS China offering following 'key investor' withdrawals

'Assets too few to keep the fund alive'

William Blair Investment Management has pulled its UCITS China A-Shares Growth fund offering, following “key investor” withdrawals from the fund.

The fund closed in November 2023, less than three years following its launch in December 2020, as a result of "key investors eliminating their allocation", Investment Week understands. Fidelity closes £7m Asia absolute return fund Casey Preyss and Vivian Lin Thurston were the fund managers and invested in 30-70 China A-shares growth companies. Assets in the fund became "too few to keep the fund alive" following investors pulling their capital, however, the fund is still offered in separate accounts and LPs.  'Lack of new investor interest' forces BlackRock to shut $22m China Fle...