KraneShares Partners with UBS Asset Management to Launch Active China A Share Fund
New York, N.Y. June 15, 2021 – Krane Funds Advisors, LLC, (“KraneShares”), a global asset management firm known for its China-focused exchange-traded funds (ETFs) and innovative China investment strategies, today announced they have appointed UBS Asset Management (Americas) Inc. (“UBS Asset Management”) as sub-advisor to launch the Krane-UBS China A Share Fund.
The Fund is managed by Bin Shi and his team of China-dedicated research analysts who are based in Hong Kong and Shanghai. Bin Shi is the Head of China Equities at UBS Asset Management and has managed their flagship China A Share strategy since its inception in 2007. This fund marks the first time the strategy is available to US investors in a mutual fund.
“Bin Shi has one of the longest track records in the China A Share market,” said Julian Daniels, Managing Director of KraneShares. “The fund has many of the characteristics that investors look for – it is concentrated with high active share, it utilizes fundamental research that incorporates ESG considerations, and has a consistent, repeatable investment process.”
The Krane-UBS China A Share Fund is driven by the belief that structural growth and inefficiencies in the A share market produce significant alpha potential for investors. Through rigorous fundamental research that seeks to identify high-quality, leading companies in strategic industries, the Fund is positioned with the aim of capturing this alpha potential. Furthermore, the Fund is concentrated in a select number of holdings and has a long-term investment horizon.
“UBS Asset Management has a long history investing in the Chinese market,” said portfolio manager, Bin Shi. “We are excited to partner with KraneShares as we hold the same positive long term outlook for the A Share market. Through this new fund and KraneShares’ established distribution network in the United States, investors will have increased access to this important China opportunity.”
For more information about the Krane UBS China A Share Fund, visit www.kraneshares.com/mutual-funds/krane-ubs-china-a-share-fund, or talk to your financial advisor.
Krane Funds Advisors, LLC is the investment manager for KraneShares ETFs and Mutual Funds. The firm is focused on providing investors with strategies to capture China’s importance as an essential element of a well-designed investment portfolio. KraneShares ETFs and Mutual Funds represent innovative, first-to-market strategies developed based on the firm and its partners’ in-depth knowledge of investing. These strategies allow investors to stay current on global market trends and provide meaningful diversification. Krane Funds Advisors, LLC is majority-owned by China International Capital Corporation (CICC).
About UBS Asset Management
UBS Asset Management is a large-scale asset manager with a presence in 23 markets. It offers investment capabilities and investment styles across all major traditional and alternative asset classes to institutions, wholesale intermediaries and wealth management clients around the world. It is a leading fund house in Europe, the largest mutual fund manager in Switzerland, the second largest fund of hedge funds manager and one of the largest real assets investment managers in the world.