基金管理

CHINESE SMALL CAPS STILL COME WITH BIG RISKS

If you read last week's column about my trip to China, you might think that I'm enormously bearish about Chinese stocks. And, to be fair, I'm not entirely convinced. In my view, a small single-digit allocation to Chinese equities will probably suffice – and you need to be careful how exactly you structure that investment. I suspect you need exposure to large caps through a cheap tracker fund, plus stockpicking funds operating in the consumer, clean tech and services sectors.

But I have now found a London-listed fund that invests in smaller, even earlier stage companies plus private equity deals in China and the rest of Asia.

It's called Origo Partners and has just announced a fundraising through the placing of new ordinary shares that will aim to raise $30m (£20.7m) to put into “well advanced investment opportunities”.

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