LONDON (HedgeWorld.com)–The Coutts Group unveiled an Asian-focused hedge fund of funds, with the anticipation that investment conditions are favorable in the region.
Managers of the fund will combine complimentary managers of Asian equities, aiming for long-term capital appreciation with moderate volatility.
Coutts officials believe the timing is right to invest in Asia. "With Asian markets expected to outperform other major markets in the short-to-medium term, the region is also expected to benefit from the expected upturn in the U.S. economy," said Robert Dawkins, head of alternative investments, in a statement. "We are confident that investment conditions in Asia are now ripe for this type of strategy," Mr. Dawkins said.