Historically East Capital, has invested mainly in Eastern Europe and Russia, but in late 2010 East Capital expanded their investment to include China. The Fund is managed by Gustav Rhenman, with a recent appointment of Kristina Sandklef as macro-economist for Asia.
Karine Hirn is the head of East Capital's offices in Shanghai, and she commented about the company’s Chinese investments in the company press release. "China is one of the most exciting regions to invest in the next 10 years. Christina's experience will enhance our China Team's expertise and also enhance our ability to invest in the region. ‘’
She continued by adding, "China is in the midst of a structural transformation: from low technology to high-tech production and the export-dependent to a consumption-based growth. As in Russia, we see very positive on China's domestic growth where consumers from the middle class are increasingly purchasing power. They are increasing their consumption and their demand for houses, cars, education and financial products. "
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