Prescient Investment Management has launched the Prescient China Equity Fund, which has been established as an Irish regulated UCITS with daily liquidity and seeded with USD100 million.

The fund uses a systematic, quantitative approach to seek long term capital growth by investing primarily in China A shares listed on the Shanghai and Shenzhen Stock Exchanges by virtue of Prescient’s Qualified Foreign Institutional Investor (QFII) status granted by the China Securities Regulatory Commission.

“Prescient has a successful five-year track record of investing in China in a UCITS compliant format. This latest fund reflects investor demand for mainland Chinese equity exposure, which we currently view as offering attractive valuations with world leading opportunities for alpha in the medium to long term,” says Prescient China CEO Liang Du.

Rob Childs, Head of International at Prescient Fund Services Ireland, adds: “Together with our 3rd party client base, this is the 24th fund to launch under one of the four AIFMD/UCITS platforms that Prescient offers to clients and reflects continued demand from the international investment community for high quality and efficient ManCo Platform and Fund Administration solutions for Irish regulated funds”.