Atlantis promotes Liu Yang

Liu Yang has been given the new role as chairman of Atlantis Investment Management Limited and chief investment officer of the Atlantis Group. In these roles she will replace Tony Jordan who has left the Atlantis group.

Liu will continue to be based in Hong Kong and run the China business from there.

She retains her previous position as head of the China business. She also continues as fund manager of the Atlantis range of China funds.

Liu has spent the last six years developing the China business, and now has a team of 12 in Hong Kong, including six investment professionals who cover stock research for the funds.

Year-to-date the Atlantis China Fund is up 54.34%. Dealing in the Atlantis China Fortune Fund was suspended in October 2008 and the fund was restructured in April 2009 at which time the investors got the choice of either redeeming or exchanging for units in a newly established fund. That new fund, the Atlantis New China Fortune Fund, was launched on 2 April 2009, and by the end of June 2009 had returned 30.4%.

Atlantis manages $2.6 billion and the fund management company, Atlantis Investment Management Limited, is authorised and regulated by the UK's FSA.