Bringing you live news and features since 2006 

Asia map

LOIM launches LO Funds – Asia Consumer

RELATED TOPICS​

Lombard Odier Investment Managers (LOIM) has launched LO Funds – Asia Consumer to exploit the growth of the middle classes in the region.

While Asia represents 60 per cent of the world population, spending on consumption is lower than the rest of the world with household income in Asian countries rising faster than GDP.
 
The region’s economies are now switching from export-led to domestic-consumption driven growth.
 
The fund is managed by Didier Rabattu and the same team responsible for LOIM’s USD1.1 billion LO Funds – Emerging Consumer. 
 
“With three-fifths of the world’s population and booming middle classes, Asian incomes and spending are inevitably on the rise,” says Rabattu. “Minimum wages in countries such as Indonesia and Vietnam have grown massively in recent years and Chinese households with incomes of over USD10,000 a year are more and more numerous.” 
 
The LOIM Asia Consumer fund applies a highly research-intensive approach, investing in 40 to 60 companies with market-leading shares, high return on capital, strong balance sheets and quality corporate governance.
 
It is an actively-hedged Luxembourg SICAV with an annual fee of 0.9 per cent and a minimum investment of EUR3000 or equivalent for the (USD) P A share class. 

Latest News

REX Shares has announced a strategic reorganisation that integrates its REX Shares, MicroSectors, and T-REX products, as well as REX..
Allspring Global Investments writes that as it builds an investment platform for the future, it has filed for exemptive relief..
LSEG Lipper writes that ETF promoters in Europe enjoyed estimated net inflows (+EUR25.1 billion) for May 2024...
The European Fund and Asset Management Association (EFAMA) has published its 2024 industry Fact Book, which includes a foreword by..

Related Articles

Marcus Wayerer, Franklin Templeton
Franklin Templeton says that emerging markets are navigating a tricky environment at the moment, due to factors such as the...
Matt Barry, Touchstone Investments
Back in 2022, Cincinnati, Ohio-based Touchstone Investments launched its first four ETFs, having previously been predominantly a mutual fund company....
CN Tower, Toronto
The winners were announced in the second ETF Express Canadian awards at the event held at The Quay in Toronto,...
Darren Jordan, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by