Batterymarch Emerging Markets seeks opportunities in China and South Korea

Legg Mason recently launched emerging markets fund is targeting opportunities in China and South Kore...

Legg Mason recently launched emerging markets fund is targeting opportunities in China and South Korea. Curtis Butler, one of the managers, said the star performers this year have been countries benefiting from high energy and material prices. These are mostly net exporters in Latin America and the Middle East. “Asia has been the laggard, given its historical dependence on demand in the US and Europe and its status as a net importer of energy,” said Butler. “This performance disparity has created new opportunities in large markets like China and South Korea, while we continue to find...