The FSA Spy market buzz – 19 April 2024
Doom and gloom on China, Peaks and troughs from First Sentier, Ninety-One looks at failure, Lombard Odier’s good news, Corporate jargon hell, Visit cheap Japan and much more.
Although the two funds are only slightly differentiated, both are rated four crowns by FE Analytics.
FE’s crown-rating methodology assesses a fund’s alpha, volatility and consistency of performance.
Ng does not prefer one fund over the other.
“Both funds have a four-star rating, which in our view means they are among the top funds within the Asia-Pacific ex-Japan category.”
Both have been consistent with their quality growth strategies and are managed by experienced managers, he added.
Ng said that it comes down investor appetite and preference.
“It depends if an investor has a preference in terms of allocation toward a specific market or sector,” he said.
For example, the JP Morgan fund would be a more suitable consideration for investors who want more China exposure.
For investors who want a growth strategy but are also concerned about valuations, then the Barings fund would be a consideration, he added.
Doom and gloom on China, Peaks and troughs from First Sentier, Ninety-One looks at failure, Lombard Odier’s good news, Corporate jargon hell, Visit cheap Japan and much more.
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