To tap this potential Swiss & Global Asset Management said it is expanding its range of equity funds with the launch of the Julius Baer Chindonesia Fund.
The new Julius Baer Chindonesia Fund is a UCITS III fund actively investing in selected firms in China, India and Indonesia.
"Chindonesia's economic activity already today equals 47 per cent of the US economy.
The key drivers of this development are manifold: Chindonesia is home to 40 per cent of the world's population (2.8 billion people) and will add at least 170 million people to its workforce over the next 10 years.
Compared to many emerging countries, Chindonesia exhibits relatively low public debt, moderate budget deficits and was therefore able to maintain its superior growth path during the 2008 financial turmoil," the fund manager said.
The aim of Julius Baer Chindonesia Fund is to identify stocks early in their growth phase and benefiting from competitive advantages.