Ashburton's Jonathan Schiessl is focusing his funds on an emerging green theme in Chinese stocks as ...
Ashburton's Jonathan Schiessl is focusing his funds on an emerging green theme in Chinese stocks as part of general bullishness on the region. He heads up the group's Chindia Equity and Asia Pacific Equity funds and currently has 15% of the portfolios in 'clean and green' areas. "Moves to clean up the terrible environmental mess of the last three decades are afoot," he said. "We have seen talk of this for some time but now legislation has teeth. More importantly, bureaucrats at the local level will not gain promotion without meeting certain environmental targets. "The change is not ...
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