fidelitys ma takes on another china fund

Fidelitys Raymond Ma has taken over the running of its offshore Greater China Fund following the decision by Joseph Tse to depart the firm.

fidelitys ma takes on another china fund

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Tse is said to have stepped down from large-scale institutional fund management after 22 years with Fidelity, in pursuit of a change in career and lifestyle.

Ma is already manager of the Fidelity China Consumer Fund and its offshore counterpart and has over 12 years’ experience in researching companies in the China market.

He has been with Fidelity since 2006, was made consumer sector leader in 2009 and promoted to director of research in 2010 where he had responsibility for the Greater China research team.

He has been portfolio manager since last year and has managed the FF China Consumer Fund (Sicav) since February 2011. Ma was made manager of the onshore China Consumer Fund in August last year when it launched.

Since launch he has outperformed the Chinese equity market with both funds.

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