Asian Values beats benchmark

clock

Stockpicking in Hong Kong, Taiwan and Singapore added to returns on Fidelity's Asian Values trust ov...

Stockpicking in Hong Kong, Taiwan and Singapore added to returns on Fidelity’s Asian Values trust over six months to 31 January. Over the period, the vehicle’s net asset value per share rose by 16.6%, outperforming the benchmark MSCI All Countries Far East ex Japan Index’s 15.0%. Manager John Lo said Asian stock markets provided positive returns over the six months, with some markets such as Singapore reaching new historical highs. “An improving macroeconomic environment, falling oil prices, strong corporate earnings and buoyant investor sentiment drove the market upwards,” he added.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot