EFGAM subsidiary prepares to expand range
EFG Asset Management has launched a New Capital Global Equity Conviction fund for head of equity research Robin Milway.
There is no longer any value in the Chinese A-shares market, according to EFG Asset Management's China fund manager Mansfield Mok.
EFG Asset Management has made two new hires to expand its investment teams in London and Hong Kong.
Multi-asset managers are reducing their UK equity positions on fears next May's general election could hit sterling and weigh on valuations.
EFG Asset Management is set to launch an M&A tracker fund led by global chief investment officer Mozamil Afzal, together with head of equity research Robin Milway.
Growing fears over the risk of a credit crunch in China are misplaced, according to EFG Asset Management's Mansfield Mok, with the government standing behind the banking sector and ready to boost liquidity if needed.
EFG Asset Management, part of Zurich-based private bank EFG International, is launching a multi-asset OEIC in April as part of its expansion into the UK.
Mansfield Mok, the manager of EFG Asset Management's New Capital China Equity fund, has been snapping up cheaply valued Chinese banks, encouraged by the country's new leadership's plans for reform.