All Star Funds expands stable with China fund
PIS-owned All Star Funds has added a new fund to its stable with the inclusion of the All Star Nomura China Fund.
Nomura Asset Management Singapore is the investment manager of the fund. The group has more than A$290 billion invested worldwide and has operated specialist Chinese equities funds since 1992, a statement from All Star said.
BDM Australasia has been appointed executive business development manager of the fund. Until now, All Star Funds has been mainly distributed to advisers who are part of the PIS group.
The new fund brings the total number All Star Funds to three. The other funds are the IAM Australian Share Fund and the All Star Income Fund.
Ventura Investment Management is the responsible entity for the All Star series of funds.
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