The management of the Standard Life Investments' £24bn Global Absolute Return Strategies fund (GARS) has taken positions to benefit from the "compelling opportunities" in South Korea, which they believe will play "catch up" after five years of poor returns.
The team, led by head of multi-asset Guy Stern, said they expected South Korea, the 15th largest world economy, to benefit from an expected structural slowdown in trading activity between Asia and China....
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