Morgan Stanley China A Share Fund (CAF) : Cornerstone Advisors Inc scooped up 220,493 additional shares in Morgan Stanley China A Share Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 294,093 shares of Morgan Stanley China A Share Fund which is valued at $5,414,252.Morgan Stanley China A Share Fund makes up approximately 1.29% of Cornerstone Advisors Inc’s portfolio.
Other Hedge Funds, Including , Tower Research Capital (trc) added CAF to its portfolio by purchasing 500 company shares during the most recent quarter which is valued at $9,205. Integrated Wealth Management sold out all of its stake in CAF during the most recent quarter. The investment firm sold 228 shares of CAF which is valued $4,163. Simplex Trading sold out all of its stake in CAF during the most recent quarter. The investment firm sold 250 shares of CAF which is valued $4,555.
The Morgan Stanley China A Share Fund Inc. (the Fund) is a non-diversified closed-end management investment company. The Fund’s investment objective is to seek capital growth by investing under normal circumstances at least 80% of its assets in A-shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges. The Fund invests in automobiles; banks; construction and engineering; food and staples retailing; health care providers and services; hotels restaurants and leisure; insurance; metals and mining; media; oil gas and consumable fuels; pharmaceuticals; real estate management and development; software; specialty retail; textiles apparel and luxury goods and transportation infrastructure among others. The Fund’s investment adviser is Morgan Stanley Investment Management Inc. and Morgan Stanley Investment Management Company is the Sub-Adviser.