Small and mid-caps were cut and the portfolio has a high level of cash, says manager of its Indian subcontinent fund.
Author Archives: Cherry Reynard
Cherry is a freelance writer specialising in investment journalism and finance topics. She Tweets at: @creynard0654
Don’t fear India’s Modi, says Pictet AM
The ‘high conviction’ Pictet Indian Equities Fund is focused on financials and technology.
Stewart Investors to change Asia fund managers
Stewart Investors has announced a shake-up of the management of its open-ended unit trust range, with Angus Tulloch and Jonathan Asante handing over managerial responsibility on a number of their funds on 1 July 2016.
High yields on commodity trusts tempt investors
There are signs that high yields are tempting investors back to commodities-focused investment trusts, but analysis group Stifel warned that current yields may not be sustainable.
EM fracturing opens door for active managers
As emerging markets continue to splinter it is time to take an active position, says Wells Fargo’s Anthony Cragg. Right now his focus is on China, where he believes the greatest EM opportunities lie.
The move to value
The most recent Merrill Lynch Fund Managers survey found that there had been a significant swing from growth to value. In April, a net 40% of managers believed value stocks would outperform growth stocks over the next 12 months, three times the level in March.
loim launches new asian consumer fund
Lombard Odier Investment Managers has launched a new fund focused on the Asia consumer, adding to its emerging consumer franchise .
City Financial unveils Asia macro fund plans
City Financial is to launch an Asian macro fund in the first quarter of 2014 to be managed by Geoffrey Barker in a joint venture with the group’s Hong Kong subsidiary.
Morningstar most-searched funds includes EM
Two emerging market funds appear in the list of the top ten funds most searched for by Morningstar.co.uk, as sentiment towards the sector shifts.
Fidelity offers quid pro quo deal for fund groups
Fidelity Worldwide Investment has unveiled details of a new fund partnership programme, Access, which will see it deliver a new range of services for its fund partners in return for the best terms.
