China gets lowest grade for investor experience

The research firm gave China a “D” because of high fees, particularly for allocation and money market funds. China’s limitations on overseas investing and restrictions on foreign-domiciled funds were also factors, as well as a relative lack of disclosure.  “China was one of a minority of markets where the disclosure of conflicts of interest by advisors […]

Manulife adjusts Korea, India holdings

“We trimmed exposure to India and Korea as we were concerned after the run-up [in markets]. We had different instances when target prices on stocks were reached,” said Csellak in an interview with Fund Selector Asia. Volatile Korea Korea with a 20.7% weighting and India (17%) were still the top country allocations of the Manulife Asian […]

Central bank action would boost cheap Korean equities

About 50% of Korea’s GDP is dependent on exports, which have been declining this year, according to Aidan Yao, senior emerging market economist at Axa Investment Managers. Weak external demand from the US is one reason why exports are falling. Also, Korean companies are strong competitors with their Japanese counterparts and the strengthening of the […]

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