The top fund posted a return of almost 40% during a year of stock underperformance, according to Morningstar.

Michelle joined Fund Selector Asia as a reporter in 2021, covering asset and wealth management in Asia. Prior to joining FSA, she was a TV reporter and anchor at Hong Kong International Business Channel. She is a graduate of Hong Kong Baptist University, majoring in journalism. Connect with her on Twitter or LinkedIn.
The top fund posted a return of almost 40% during a year of stock underperformance, according to Morningstar.
The UK asset manager shared five investment themes in China that it overweighs in 2023.
Pictet Wealth Management believes higher quality credits will prove increasingly attractive in 2023.
FSA compares two small cap funds: the BlackRock GF Systematic Sustainable Global SmallCap Fund and the Schroder ISF US Smaller Companies Impact Fund.
All sectors suffered at least double-digit losses in 2022 with only two exceptions.
After a torrid 2022, FSA interviewed leading market participants to wrap up the year and look forward to the next one.
Short-term sentiment has been boosted after the Chinese government announced plans to relax restrictions, said market observers.
The bank plans to establish two more wealth management offices in 2023.
The adjustments will be implemented in about three months time.
Part of the Mark Allen Group.