Columbia Threadneedle Investments has registered three Asian equity funds for sale in Hong Kong.
The Threadneedle (Lux) Developed Asia Growth and Income fund, Threadneedle (Lux) Asia Contrarian Equity fund and Threadneedle (Lux) Asian Focus fund represent the AM firm’s first series of regionally managed Asian equity funds available in the Hong Kong market.
The three funds made their debut in Singapore last year.
The Threadneedle (Lux) Developed Asia Growth and Income fund will be co-managed by Ng Soo Nam and Christine Seng, will invest the bulk of its assets in the developed Asia markets of Singapore, Hong Kong and Australia.
The Threadneedle (Lux) Asia Contrarian Equity fund, lead managed by Ng Soo Nam, will invest in fundamentally strong companies that benefit from positive investment themes in the Asia Pacific ex-Japan region.
The contrarian approach aims to secure advantageous entry prices into these companies by actively screening for share price weaknesses resulting from emotional or other transient factors that are likely to dissipate within the next 12 months.
The Threadneedle (Lux) Asian Focus fund, lead managed by Bernard Lim, seeks to achieve capital appreciation by buying into companies that are riding on secular growth trends or industry up-cycles.
Columbia Threadneedle Investments managed about $506 billion in assets at the end of March.