OxCap EM fund launch targets Asian equities

Emerging markets3Australian boutique investment manager, Ox Capital Management (OxCap), has launched an emerging market (EM) fund focused on Asian equities. The Ox Capital Dynamic Emerging Markets Fund will comprise a portfolio of 30 to 50 stocks across sectors and countries but with a concentration on Asia ex-Japan. OxCap was launched in June this year by Guernsey-based investment firm Fidante Partners as an emerging market fund manager, led by Joseph Lai. Lai, a former portfolio manager with Platinum Asset Management, will also run the new fund, along with fellow principals Douglas Huey and Alan Zhang. The fund will look to outperform the MSCI Emerging Markets Net Total Return index, and, according to Lai, it is based on the belief that emerging markets are “unusually undervalued”. “Over 70% of global growth and 60% of the world’s GDP comes from emerging markets, yet it accounts for just 13% of the MSCI ACWI Index,” said Lai. © 2021 funds global asia

Executive Interviews

Executive interview: PGIM CEO on where the ESG flowers should bloom

Sep 27, 2021

David Hunt, president and chief executive of PGIM, tells Romil Patel about leading a top 10 global asset manager in times where “empowering and encouraging the kind of investment decisions as...

Executive interview: Nicolas Moreau’s orderly transition

Jul 12, 2021

Nicolas Moreau, CEO of HSBC Asset Management, is moving to Asia as the firm looks to connect more directly with the region’s growth story. ESG is also a key focus – including the ‘just’ carbon...


Roundtable: Singapore comes of age as an Asian ESG hub

Dec 01, 2021

Strong ESG credentials strengthen the case for Singapore as a leader in Asia of the post-Covid recovery. Our panel discusses the risks and opportunities.

Roundtable: How well geared are Japanese assets for a new world?

Jul 12, 2021

As we prepare to emerge from Covid, experts look at overcoming demographic issues through a combination of good tech and corporate governance, improving productivity and meeting an ambitious government carbon emissions reduction target. Chaired by Romil Patel.