PM Capital Asian Opportunity Fund looks beyond China

A new LIC from an established manager has a relatively concentrated portfolio in the emerging markets of Asia.

PM Capital was started by Paul Moore in 1998. Over the years they have rolled out new funds, starting with an international fund that initially had a North American focus. Now PM Capital has four unlisted funds covering all bases, Australian, global, Asia and an enhanced yield strategy. On top of this they floated two listed investment companies (LICs) last year. The team saw potential of high growth from Asia and wanted to capitalise on the long-term opportunity.

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