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Van Eyk fund changes manager line-up

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Research house van Eyk has reshuffled the multi-manager line-up within its Blueprint Global Emerging Markets Fund after reviewing asset managers that invest in Asian and Chinese equities.

The Treasury Asia Asset Management (TAAM) New Asia Fund's 12.5 per cent mandate within the Blueprint product was terminated, after the fund manager was downgraded in the reviews. "The T Rowe Price Asia ex-Japan Fund was introduced to the fund at a weighting of 12.5 per cent, as a consequence of TAAM no longer being eligible for inclusion within the fund," van Eyk product manager Jacqui Lemon said.

Van Eyk also made a new 5 per cent allocation to the Premium China Fund, managed by Hong Kong-based Value Partners. The Blueprint fund's 37.5 per cent allocation to the Schroder Global Emerging Markets Fund was shed by 5 per cent to reduce manager concentration risk.