Neptune Investment Management is to launch a new high-conviction Chinese equity fund to be jointly managed by Robin Geffen, Douglas Turnbull and Adam Kelly.

The China Max Alpha fund, which is due to launch tomorrow, will invest in 20 to 30 stocks which are either issued by Chinese companies or those which transact a significant portion of business in the country.

The fund’s investment approach will see Geffen, Turnbull and Kelly each contribute eight to ten Chinese stock-picks, regardless of the stock’s market capitalisation.

"We are launching this high conviction Chinese equity product as an extension to our existing Max Alpha fund range. Neptune’s Max Alpha fund range already offers investors access to the global, European, North American and Japanese markets, utilising Neptune's global sector driven research process. These funds are distinguished by more concentrated stock holdings and multi-cap portfolios," said Richard Green, deputy managing director of Neptune Investment Management.

The new fund’s launch will follow on from that of the Neptune Global Long/Short Sector Fund – a UCITs-compliant vehicle in which each of the global industry classification standard sectors are represented by a basket of 20-50 large and liquid stocks that are correlated with global sector indices.