Investors should look for contrarian areas when buying Asian stocks, said the asset manager.
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Investors should look for contrarian areas when buying Asian stocks, said the asset manager.
The best category may be obvious, but the worst performing one needs some explanation.
The ongoing Japan-Korea trade dispute has put all actively-managed Korean equity funds underwater this year.
FSA compares the Invesco Korean Equity Fund with iShares MSCI Korea Ucits ETF, the largest of Korea equity ETFs, which have outperformed all active funds in the past year.
Korean stocks are not whipsawed by domestic political events and Samsung, despite setbacks, remains a favorite position, said Arthur Kwong, BNP Paribas Investment Partners’ head of Asia-Pacific equities.
Political scandals, corporate governance issues and the potential impact of Donald Trump’s trade policies prompt caution on Korean equities.
Part of the Mark Allen Group.