Mid Wynd tactically increases exposure to quality, undervalued Asian stocks
Direct exposure to China up to 5%
Simon Edelsten of the Mid Wynd International investment trust
Mid Wynd International tactically upped its exposure to China and Japan during the coronavirus market sell-off at the expense of its US equity allocation as its management team looked to pounce on good-quality companies trading at depressed valuations.
Direct exposure to China was increased to 5% by the end of March, up from 2% before the crisis, the Artemis team that runs the £256m global equity offering told Investment Week with its US weighting reducing...
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