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Gemini to bring Asia funds to UK

Gemini Investment Management is in discussions with fund managers that run Chinese and Indonesian equity funds about making their offerings available to UK and European investors.

Gemini provides distribution and marketing for asset managers that have limited expertise in the retail and wholesale marketplace in Europe.

Managing director Stuart Alexander says: “We want to bring to the market fund managers who are based in Asia who do not have a proposition in the UK or European market.

“We are having discussions with Chinese and Indonesian fund managers for separate funds in this space in the next year.”

Alexander says population growth will drive equity returns in Indonesia and China.

He says: “Indonesia is one of the most populous nations on the planet and so in the long term, a product in this area makes a very good investment.

“As these Asian markets develop and, as part of that, develop their stock exchanges, investors will have the ability to access these markets as never before.”

Skerritt Consultants head of investment Andrew Merricks says: “It may be the right time to launch a China fund as the stockmarket has not been performing well and so offers a buy opportunity as equities are cheap.

“Indonesia is a growing economy and there is a gap in the market for country-specific funds in this area.”

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