Growing small cap companies in Asia can shore up investors’ returns at a time when the global economy continues to stutter and growth in the two major Asian economies has stalled, according to Matthews Asia’s Lydia So.
Category: News
Dividend manager Madsen quits Matthews Asia
Jesper Madsen is leaving Matthews Asia in October, leaving the dividend fund he manages in the hands of Robert Horrocks and Yu Zhang.
Schroders ups emerging market strength with new hire
Schroders is acting in line with the sentiment of the vast majority of UK-based wealth managers as it has recently increased its emerging markets capability thanks to the recruitment of Craig Botham from the Prudential Regulatory Authority (PRA).
Singapore based Eastspring sets up London office
Eastspring Investments, the Asia asset management arm of Prudential, has opened a UK office aimed at targeting Asia investment expertise to prospective UK and European investors.
Threadneedle Peta in praise of RM corporate debt
Threadneedle Investments is seeing greater investment potential in emerging market corporate debt than in its developed market counterpart, according to John Peta, head of global emerging markets fixed income strategies at the company.
Baring HK China fund penalised for size
Morningstar OBSR has downgraded the Baring Hong Kong China Fund from a bronze to a neutral rating because it believes the execution of the investment process is hampered by the fund’s size of $2.3bn.
Underperforming Kwan handed 3rd fund at Fidelity
Fidelity Worldwide Investment has given portfolio manager Polly Kwan an Asian income mandate to run, which is looking to pay investors a yield of approximately 3.4%.
Fidelity’s Sanjeev Shah stays but ditches special situations
Sanjeev Shah is to take on a role at Fidelity’s portfolio manager academy after deciding he no longer wants to give 110% in a fund manager role which requires such a level of intensity.
Fidelity South East Asia duties split
Fidelity’s Allan Lui is to focus on running the company’s Luxembourg-domiciled Sicav version of Fidelity South East Asia, leaving management of the UK-domiciled Oeic to Teera Chanpongsang.
Value Partners HK mandate for Asia Pacific fund
Value Partners Hong Kong has received the mandate for managing the investments of US-registered closed-end Asia Pacific Fund from 1 October.
