Threadneedle has added to its long/short Crescendo range with an Asia portfolio, designed to benefit...
Threadneedle has added to its long/short Crescendo range with an Asia portfolio, designed to benefit from inefficient markets. Run by Jan de Bruijn, manager on Threadneedle's Far East and Asia equities team, Asia Crescendo came to market on 17 March. The fund has a general long bias, reflecting the team's belief that Asian equities are in a secular uptrend. Threadneedle said the launch is based on a long-term global pattern, where capital and wealth is transferred from developed to emerging markets. It also believes Asia-ex-Japan equity markets to be structurally inefficient, charac...
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