CLSA takes action on liquidity shortage

Even as the effluvia in Hong KongÆs harbour gets ever more toxic, CLSA Capital Partners has launched the Clean Water Asia Fund. It will be run principally by Andrew Pidden and Anthony Wilkinson of the Clean Resources Asia Fund, which launched in 2006 and now has assets of $60 million under management.The new fund has been seeded with $5 million of CLSAÆs money and launches with $12 million of assets. As with the sister Clean Resources Fund, there are two classes of shares in the new f…