Press release

Prescient launches China Equity UCITS Fund

Financial services Fund management
china ucits quantitative investing equities a-shares
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Prescient Investment Management (Pty) Limited, a global investment manager with over USD 6 billion under management and 20 years of operating history announced today the launch of the Prescient China Equity Fund.

DUBLIN, CAPE TOWN and SHANGHAI 25 October 2018: Prescient Investment Management (Pty) Limited, a global investment manager with over USD 6 billion under management and 20 years of operating history announced today the launch of the Prescient China Equity Fund.

The fund, which has been established as an Irish regulated UCITS with daily liquidity and seeded with USD 100m, uses a systematic, quantitative approach to seek long term capital growth by investing primarily in China A shares listed on the Shanghai and Shenzhen Stock Exchanges by virtue of Prescient’s Qualified Foreign Institutional Investor (“QFII”) status granted by the China Securities Regulatory Commission.

“Prescient has a successful five-year track record of investing in China in a UCITS compliant format. This latest fund reflects investor demand for mainland Chinese equity exposure, which we currently view as offering attractive valuations with world leading opportunities for alpha in the medium to long term,” said Prescient China CEO Liang Du.

Rob Childs, Head of International at Prescient Fund Services Ireland added, “Together with our 3rd party client base, this is the 24th fund to launch under one of the four AIFMD/UCITS platforms that Prescient offers to clients and reflects continued demand from the international investment community for high quality and efficient ManCo Platform and Fund Administration solutions for Irish regulated funds”.


Media contact
Stuart Fieldhouse, Hawksmoor Partners
E: / T: +44 (0) 7793 882230 or +44 (0) 207 377 1489

About Prescient Holdings
Prescient Holdings (Pty) Ltd is a diversified, global financial services group with a 20-year track record of providing solutions to our clients in Asset Management, Investment Administration, Retirement Solutions, Stockbroking and Wealth Management. As at 31 March 2018 the group had R87 billion client assets under management (AUM) and more than R350 billion client assets under administration (AUA), split between asset admin (R246 billion) and unit holder admin (R112 billion).

About Prescient Investment Management

Prescient Investment Management Ltd, is a financial services provider (FSP 612), authorised by the Financial Services Conduct Authority of South Africa. Collective Investment Schemes in Securities (CIS) should be considered as medium to long-term investments.

About Prescient Management Company
Prescient Management Company (RF) (Pty) Ltd is registered and approved in South Africa under the Collective Investment Schemes Control Act (No.45 of 2002).

About Prescient China
Prescient China started as a Shanghai representative office in 2009, before becoming the first institution in Africa to be granted QFII status by the China Securities Regulatory Commission in September 2012. In November 2015 Prescient Investment Consulting (Shanghai) (Pty) Ltd was incorporated to provide a variety of investment services to the Prescient fund range. The flagship Prescient China Balanced Fund was launched in March 2013 and the Prescient China Conservative Fund was launched in October 2014, both of which are sub-funds of Prescient Global Funds plc UCITS platform.

About Prescient Fund Services
Prescient Fund Services (Ireland) Limited is a limited liability company incorporated under the laws of Ireland having its registered office at 33 Sir John Rogerson’s Quay, Dublin 2, Ireland and is authorised by the Central Bank of Ireland as a UCITS management company pursuant to the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations, 2011 (S.I. 352 of 2011) as amended and as an AIFM pursuant to the European Union (Alternative Investment Fund Managers) Regulations 2013 (as amended). As at 31 March 2018, Prescient Fund Services globally had in excess of USD 25bn combined assets under administration or management, of which Prescient Fund Services (Ireland) Limited had in excess of EUR 1bn combined assets under administration or management. Prescient Fund Services has over 90 employees globally.

Press release distributed by PressHalo on behalf of Prescient, on 25th October, 2018.