Prusik has hired Lisa Lim as a partner and fund manager, ahead of a new fund launch scheduled for Q2 2022.
Fund to be renamed the Prusik Asia Emerging Opps fund
In the years prior to 1997, the countries known as the Asian tigers (Indonesia, South Korea, Malaysia and Thailand) experienced extraordinary economic performance along with macroeconomic stability.
Invest in regions which are uncorrelated to the political uncertainty
Prusik's Heather Manners is backing Vietnam as an Asian hotspot, as the country gears up to sign trade agreements, apply for MSCI membership and increase foreign ownership limits.
Fund managers have warned the Chinese government's latest intervention to halt a stock market rout will not be enough to prevent a noticeable slowdown for the world's second largest economy, with huge repercussions for global growth.
Investment Week celebrated the 20th anniversary of its flagship Fund Manager of the Year Awards at a glittering ceremony at the Royal Albert Hall last night.
The firms vying to be the new Nutmeg