Longlead Pan-Asian Absolute Return Unit Trust
Pan-Asian long-short equity manager Longlead Capital Partners has launched a unit trust which provides Australian wholesale investors access to its Pan-Asian Absolute Return Strategy.
“While many global investors are still fundamentally underweight Asia’s growth, this is starting to change rapidly as the economic rebound, Asia’s success in suppressing COVID-19, and a likely de-escalation in the US-China trade war, refocuses investor attention on the opportunities in the region," Andrew West, co-founder and Australian managing director of Longlead Capital Partners, said.
The trust buys and shorts companies that are either based in Asia and Australia or that derive a large portion of their revenues from Asia or Australia. It has a minimum investment of $100,000 and West said the new year presented an opportunity for Australian wholesale investors to consider an allocation to Pan-Asian equities.