Prusik Investment Management has conducted the soft-launch of its Asian Equity Income fund, Investment Week reports. The new vehicle, a long-only Asia ex-Japan portfolio investing across the market-cap spectrum, is managed by Tom Naughton. The Dublin-domiciled fund is most exposed to Hong Kong and China at 22%, Taiwan at 18% and Singapore at 17%, while sectors include real estate, consumer, and infrastructure. The fund, which has a sterling share class, will remain open until it reaches $50 million and will then soft-close to new investors.
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