A new way for investors to tap into China's market potential has been launched on an emerging markets managed account platform.

Keywise Capital, a China-focused asset management firm, has partnered with Milltrust International to launch the Milltrust Keywise China Fund on the latter firm's emerging markets managed account platform that is domiciled in Dublin.

Keywise Capital manages more than $2 billion across long-only and long/short equity strategies for global institutional investors, including US foundations, endowments, international pension funds and sovereign wealth funds. The team is based in Hong Kong and Beijing, and led by chief investment officer Fang Zheng.

The new fund aims to offer the market-beating returns of the existing Keywise Phoenix Development Fund in a regulated UCITS form. The reference fund has a track record of over six years, with annualised returns of more than 20 per cent since inception. The strategy pursues a concentrated, best-ideas equity strategy across the China markets from which it aims to capture opportunities from public companies in the region with sustainable business models, strong management and reasonable price.

The fund will also have the flexibility to mitigate market volatility through the use of futures hedging and cash.