SG feeder fund launched

SG Asset Management, a subsidiary of SociTtT GTnTrale, is launching a feeder fund in Singapore this week, focusing on Asian companies that are growing through e-commerce. Mahendran Nathan, senior vice president of SG in Singapore, says that as a feeder fund, the Singapore-based Asian New Economy Fund will be managed through a master fund structure. SG's team of seven fund managers in Singapore will manage the Luxembourg-based master fund, Sogelux Equities - Asian E-business Fund, in w…