The Asia Long Term Unconstrained strategy will invest in 20 to 30 sustainable businesses in Asia with a long-term outlook to minimise transaction costs, the firm said.

The fund is managed by Jason McCay and Andrew Graham. It is part of the Martin Currie Global Funds Luxembourg Sicav umbrella and is available in US dollar, sterling and euro share classes.

"Asia’s economies are growing at a pace that far outstrips the developed world,” said McCay, head of Martin Currie’s Asia team. “But while Asian markets can deliver impressive returns in the short term, the excessive volatility that characterises the region can impair longer-term returns.

"We expect the next few years to be a volatile and cyclical period for markets in Asia,” he said. “A genuinely long-term approach allows us to see periods of market weakness as opportunities to build cheap holdings in outstanding companies.”