Acadian targets A-share market

Global quantitative investment firm Acadian Asset Management LLC has announced its China A-share strategy, reinforcing a view that overseas investors are showing greater interest in the Chinese stock market.

The market has become more accessible to them, thanks to the trading links between the two major exchanges in the Chinese mainland and Hong Kong built up in 2014 and 2016 respectively.

In a recent telephone interview with Bloomberg, Asha Mehta, a portfolio manager who oversees the company's investments in emerging markets, said Acadian is planning to buy into China's stock market. As of Jan 31, the firm had assets worth over $103 billion under management.