Sloane Robinson and Deutsche Bank are working together with the aim of launching a Ucits compliant Asia fund that will be managed by the same investment team responsible for Sloane Robinson’s flagship Asia offering.
Pending regulatory approval, the planned fund will be issued on Deutsche Bank’s DB Platinum platform, which already hosts a number of absolute return focused managers.
Sloane Robinson was established in London in 1993 with the objective of managing the assets of its clients and principals from an absolute return perspective. Today, it employs 68 people based in London managing USD7.8bn of assets across a variety of mandates, with a particular emphasis on Asian and emerging markets. Its flagship Asia fund was launched in January 1994 and has a compound annualised return of 17.4 per cent.
Stephane Farouze, Deutsche Bank’s global head of fund derivatives, says: “We are delighted to be working with Sloane Robinson on this initiative. We have seen significant investor appetite for Asian strategies in the Ucits space and Sloane Robinson’s expertise and long-standing success in this area will make this product attractive to investors.”
Hugh Sloane, founder and chief executive of Sloane Robinson, adds: “This collaboration is a continuation of our overall Ucits strategy to establish relationships with high calibre platforms that are seeking to add absolute return focused managers to their product offering. We have chosen to work with Deutsche Bank because of their broad experience in the Ucits environment and commitment to deliver excellence.”
