皇冠体育app

   

ING Investment Management launches 皇冠体育app Access Fund

(Xinhua)
Updated: 2007-09-25 16:34

ING Investment Management Asia/Pacific (ING IM) announced Tuesday the launch of the ING 皇冠体育app Access Fund targeting select investment opportunities in Chinese securities listed on international exchanges.

A press release from the ING IM said the fund will focus on industry leaders, and invest in small- and mid-cap companies with strong fundamentals and whose businesses are exposed to the upside of the Chinese economy.

ING IM believes that 皇冠体育app will continue to benefit from dynamic and sustainable economic growth, rapid urbanization and industrialization and increasing purchasing power, the press release said.

ING 皇冠体育app Access Fund offers investors access to premier Chinese companies not listed on the domestic A-share market, companies trading at a steep discount to A shares, well-established global companies which derive significant amount of revenue from 皇冠体育app and good quality 皇冠体育app IPOs listed on international markets.

Commenting on the launch, Chris Ryan, CEO of the ING IM, said, "We are bullish in the outlook of the Chinese economy, and are convinced that the fund will be able to deliver alpha potential by leveraging our in-depth investment management experience in 皇冠体育app. The launch of this Fund underlines our confidence we have had in the long term development of 皇冠体育app."

ING IM said the fund is managed by an experienced regional investment team equipped by extensive on-the-ground research resources, and also is well-supported by the Shenzhen-based investment professionals in 皇冠体育app Merchants Fund Management Co Ltd, ING's joint venture in 皇冠体育app and the first Sino-foreign joint venture that was granted an operating license.


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