Five of the Best: Asian stocks for income

Jason Pidcock is the manager of the £907m Newton Asian Income fund, which ranks second in its peer group over three years. Here he picks his top five dividend-paying Asian stocks.

1. Hutchison Harbour Ring This company listed in March this year and holds deep sea ports off the Hong Kong and China coasts. Pidcock expects China’s import growth to be stronger than its export growth for years to come after sharp rises recently, at trend that will benefit the stock, while it is also forecast to yield 7.3% in 2012. 2. Taiwan Semiconductor Manufacturing The world’s largest manufacturer of semiconductors represents a very solid technology stock, according to Pidcock. The company is on a net cash position and Pidcock said he particularly likes its management team. 3...