Deutsche Bank and Sloane Robinson have announced the launch of a UCITS compliant Asia fund that will be managed by the same investment team responsible for Sloane Robinson’s flagship Asia Fund.

The UCITS fund, called DB Platinum Sloane Robinson Asia, was launched on Deutsche Bank’s Platinum platform in May 2011. The fund is managed by Richard Chenevix-Trench and Jonathan Barnett in a similar way to the Sloane Robinson Asia fund, modified where needed to comply with UCITS regulations. The fund’s investment process places a high degree of emphasis on fundamental research, focusing on companies that are likely to achieve a sustainable return in excess of their cost of capital. The objective of the fund is to capture the majority of market upside whilst following a strategy more suitable for capital preservation when prices are falling.

Commenting on the launch, Stephane Farouze, Deutsche Bank’s Global Head of Fund Derivatives, said: “We are delighted to add another high calibre absolute return UCITS fund to our offering. Investor appetite for Asian strategies in the UCITS space remains very strong and Sloane Robinson’s expertise and long-standing presence in this area will make this a successful launch.”

Hugh Sloane, founder and CEO of Sloane Robinson, said: “We are delighted to be working with Deutsche Bank in bringing to market a UCITS version of our flagship Asia hedge fund. We are also encouraged by the timing of this launch in light of the strong fundamental investment opportunities we are identifying in the region and the likelihood that many of the more recent macro headwinds will begin to abate as we enter the second half of this year.”