Post-election instability and trade issues weigh on Indonesian share prices, but top funds keep longer-term gains.
A downgrade for a Blackrock product and upgrades for Robeco, T Rowe, Xtracker, Parvest and two Fidelity funds, according to the firm’s monthly note to clients.
Mainly due to management team issues, products from Aberdeen and Parvest get downgraded and a Fidelity fund is placed under review.
Oil prices and Russia’s fiscal health are highly correlated, and if prices finally stabilise, the market should benefit, according to Egor Kiselev, who manages two Parvest Russia funds.
LGT loses and Mornington gains; ghost of marketing past at Fidelity; Parvest gets Brazil right, GSAM is slow in Singapore, and much more.
About 60% of all funds for sale in Asia had negative performance in 2015. Here are the five worst performers.
The Japanese economy is not exactly encouraging, but the potential for corporate earnings is another story.
Management changes impacted analyst ratings of Parvest and Fidelity products and a Jupiter vehicle gets an upgrade, according to Morningstar’s review of funds available in Asia.
The research firm has issued its July analyst ratings and commentary for four funds available for sale in Asia, with some re-ratings due to factors such as performance and management changes.
Head-to-Head looks at strategies from Fidelity Funds and BNP Paribas Investment Partners that scout for opportunities in the Japanese small- and mid-cap segment.