Five of the Best: Chinese consumer names to grow through the crisis

Asian markets as a whole will not begin to outperform until the European debt crisis is resolved, but consumer stocks in China will serve investors well, according to JO Hambro Capital Management's Paul Wimborne.

Wimborne, who joined JOHCM earlier this year from Barings with his colleague James Syme, warned the continued risk aversion is a negative for emerging markets and although many EM countries are coming to the end of tightening monetary policy, issues in the developed world are continuing to have a knock-on effect. "Things are looking good in the medium term relative to the developed world, but in the short term we need to get to the end of the tightening cycle, particularly in China and India. The sovereign debt crisis will be very difficult for risk assets like emerging markets to perfor...