ALPS Advisors isn't done with its recent fund expansion. The investment management company, which adopted the Activa Value Fund in September and launched the ALPS|GNI Long-Short Fund on Tuesday, is awaiting shareholder approval on the adoption of Old Mutual's China Fund, Corey Dillon, vice president and director of institutional advisory services for ALPS Advisors, told The MFWire.

ALPS hopes to complete the adoption process before year-end.

A Morningstar four-star rated mutual fund, the Old Mutual China Fund invests in equity securities of companies that are based in China, Hong Kong, or Taiwan, or invest in or trade on the exchanges of those countries. The fund, which is currently sub-advised by Clough Capital, manages over $46 million assets as of October 30, and carries an expense of 255 basis points. 

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