First State Stewart: HK unrest could present rare buying opportunity

The protests taking place in Hong Kong may eventually provide a rare opportunity to access quality Asia-Pacific companies on the cheap, according to First State Stewart.

The emerging markets team, led by Angus Tulloch (pictured), run emerging market equity funds including the flagship £7.6bn Asia Pacific Leaders fund. In an update for investors, the team said political unrest in Hong Kong, which has surfaced in the 'Occupy Central' movement, is to be expected as a symptom of social tensions in the region. "It is difficult to predict the impact of current unrest in Hong Kong but it is likely that the Chinese government will not back down," the team said. "It is worth noting that much of the unrest in mainland China goes unreported. We have always ta...