Martin Currie is to launch an energy hedge fund and has already been approached by a European client prepared to seed the portfolio.
With few companies running energy hedge funds there is a lot of capacity in the market, said Alan McLeod, director, head of European business development at Martin Currie.
'The stocks you are investing in are huge and very liquid so you have a very scalable product,' he said.
Seed capital for the energy fund is likely to be between $15m and $20m.
The fund will be run