First State Investments is seeking to soft close five emerging portfolios to avoid capacity constraints, Financial Times reports. The firm will close Martin Lau’s £623 million Greater China Growth fund and Jonathan Asante’s £117 million Latin America fund. First State will also close the £263.8 million Indian Subcontinent fund, the £229 million Asia Pacific Sustainability fund and the £161 million Global Emerging Markets Sustainability fund, all managed by David Gait. The soft closings will take place from January, adds Investment Week.
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