FUND NEWS
Lloyd George goes green
with Asian fund launch
Lloyd George Management
has unveiled the Dublinbased
Asian Green Fund
managed by MF Tang.
Tang, a director and
founding partner of Lloyd
George Management, is
also manager of the LG
Asian Natural Resources
Fund.
He said the new fund
aims to generate returns
through investing in companies
in the Asia Pacific
region that try to make
“more efficient use of the
earth’s resources”.
It invests in three areas
– green energy, green
technology and manufacturing,
and green practices.
16
FUND FACTS
Domicile: Dublin
Initial charge: Up to 3%
Annual management fee: 1%
Minimum investment: $20,000
Lloyd George: China focus
Tang invests in alternative
energy, such as geothermal
power in the Philippines
and wind turbine manufacturers
in India.
The fund also invests in
companies that develop
technologies and products
to address the environmental
and sustainability issues
affecting the region.
Robert Lloyd George,
the firm’s chief executive,
said: “We believe the greening
of China represents the
next theme in Asia.”
Schroders offers emerging
markets commodities fund
BY HELEN BURGGRAF
Schroders is offering investors
a chance to gain exposure
to the global commodities
boom with a new
emerging markets commodity
fund.
The Luxembourg-domiciled
ISF Global Emerging
Market Equity Commodity
Fund will invest solely in
emerging market commodity
stocks.
Schroders said it
believed it was the only
fund of its type on the
market.
An onshore Korean version
of the fund was
launched by Schroders on
8 April.
This had raised $50m by
27 June, at which point it
was up about 6.7% in US
dollar terms and 1.3%
INTERNATIONAL ADVISER [www.international-adviser.com] AUGUST 2008
Commodity performance
%
125
100
75
50
25
0
Jul ’05 Jan’06
Source: Lipper
ahead of its benchmark,
according to the company.
The new fund is being
managed by Allan Conway,
Schroders’ head of
Emerging Market Equities,
and Robert Davy, manager
of the firm’s Global
Emerging Markets Fund.
Dow Jones Commodity CR
Jul
MSCI World CR $
Jan ’07
Jul
FUNDS FACTS
Domicile: Luxembourg
Initial charge: 5.26%
Annual management fee: 1.5%
Minimum investment:
����$1,000
Jan ’08
Jul
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