Citi holds Value for Asia
30 July 2012 Dublin and London
Image: Shutterstock
One of Asia's largest asset management firms, Value Partners, has selected Citi to provide its first UCITS-compliant fund, the Absolute Greater China Classic Fund, with global custody, fund administration and fiduciary services.
Launched in June 2012, the new UCITS fund is a sub-fund of Value Partners Ireland Fund, a Dublin-domiciled umbrella company that is regulated by the Central Bank of Ireland.
"Given the current challenging macro environment and the European sovereign debt crisis, investors are keen to explore fund products that have an Asian focus and exposure,” said Timothy Tse, COO of Value Partners.
“This UCITS fund provides investors with an opportunity to access the strong growth potential in Greater China at a relatively attractive valuation through a well-recognised, regulated vehicle. We are confident that Citi’s global custody network, coupled with its regional expertise and scalable fund services platform will bring added value to our investors."
Dirk Jones, the global head of securities and fund services client sales management, said: “As investors continually look for new investment opportunities across multiple geographies and emerging markets, Citi’s on-the-ground presence in over 100 markets can help leading fund managers such as Value Partners expand their reach and business.”
Launched in June 2012, the new UCITS fund is a sub-fund of Value Partners Ireland Fund, a Dublin-domiciled umbrella company that is regulated by the Central Bank of Ireland.
"Given the current challenging macro environment and the European sovereign debt crisis, investors are keen to explore fund products that have an Asian focus and exposure,” said Timothy Tse, COO of Value Partners.
“This UCITS fund provides investors with an opportunity to access the strong growth potential in Greater China at a relatively attractive valuation through a well-recognised, regulated vehicle. We are confident that Citi’s global custody network, coupled with its regional expertise and scalable fund services platform will bring added value to our investors."
Dirk Jones, the global head of securities and fund services client sales management, said: “As investors continually look for new investment opportunities across multiple geographies and emerging markets, Citi’s on-the-ground presence in over 100 markets can help leading fund managers such as Value Partners expand their reach and business.”
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
