Sadasivan boosts fortunes of Asian Select portfolio

Omam Asian Select manager has improved returns during his 16-month tenure, applying more aggressive sector convictions to identify opportunities

Old Mutual Asian Select manager Suresh Sadasivan has significantly boosted performance since taking control 16 months ago. The manager of the £96.4m vehicle has applied sector convictions aggressively to the portfolio, where only regional convictions were upheld before. Themes identified by the new approach include avoiding technology, which the manager believes is a commodity with over-responsive supply possibilities. "Tech is the real commodities market because there is a real supply reaction to demand, so we are underweight," said Sadasivan. "In terms of commodities, I like iron ...