Charlemagne Capital, the specialist emerging markets fund manager that floated on London's Alternative Investment Market last week, is planning to expand into the US, Japan and Asia.

The fund manager, valued at £298m (€429m) when it listed on Aim last Tuesday, has grown rapidly since it was spun out from Jim Mellon's Hong Kong-based Regent Pacific Group in 2000. Its assets have risen from $270m in 2001 to $5.3bn as of March 31.