Fidelity will roll out an open-ended fund for investors seeking exposure to the Chinese commodities market, Money Marketing reports. The new vehicle will invest in companies that are either based in China or have their operations in China or Hong Kong.
Raymond Ma, who will remain based in Fidelity’s Hong Kong offices, is the lead manager on the China Consumer fund. The fund, which will also be open to British investors, will be structured as a Luxembourg Sicav and will also be denominated in dollars. Click here for the story from Money Marketing.