Investec.(Buyside on the buy side: who's moved on and who's moved up)(Guinness Atkinson Asset Management to assume management and distribution of Investec funds available to U.S. residents)(Brief Article)

Buyside, June, 2003

The shareholders of Investec's U.S. registered no-load mutual funds have approved a new advisory agreement, previously approved by the boards of the funds, providing for Guinness Atkinson Asset Management to assume management and distribution of the Investec funds available to U.S. residents. These actions followed a decision by Investec Group, the parent company of Investec Asset Management U.S., to shift the focus of their business efforts in North America to the distribution of the firm's offshore funds.

The funds affected are the Investec Asia Focus Fund, China & Hong Kong Fund, Mainland China Fund and Wired Index Fund. The shareholders of the Mainland China Fund have also approved merging that fund into the China & Hong Kong Fund. These funds will...

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