Jupiter's Bonham Carter: I would buy back into China after correction

Economy in 'reasonable health'

Laura Dew
clock • 2 min read

Jupiter Asset Management's vice chairman Edward Bonham Carter has said he expects a 5%-10% setback in the Chinese stockmarket and would invest in the region again following the dip.

The Shanghai Composite index is up 8.7% since the start of the year and 14.6% over 12 months, but some fear its strong performance will falter. LGIM's Onuekwusi adds risk to portfolio as China fears subside Speaking to Bloomberg, Bonham Carter (pictured) said: "Markets have had a strong run but one would assume, not just in China, that one should expect a setback and there is nothing wrong in that, it would be quite healthy. "I would buy back after a correction, if the fundamentals are still in place then buying China on a setback would make sense. The setback could be at least 5%-...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Asia

China's first quarter GDP growth beats expectations with 5.3% year-on-year jump

China's first quarter GDP growth beats expectations with 5.3% year-on-year jump

Beats expectations

Eve Maddock-Jones
clock 16 April 2024 • 2 min read
Fitch Ratings downgrades China's credit to 'Negative' as deficits 'erode fiscal buffers'

Fitch Ratings downgrades China's credit to 'Negative' as deficits 'erode fiscal buffers'

Transitioning to less property-reliant GDP

Eve Maddock-Jones
clock 10 April 2024 • 2 min read
EFG's Afzal and Gerlach: A letter from Hong Kong

EFG's Afzal and Gerlach: A letter from Hong Kong

Notes from recent investment trip

Moz Afzal and Stefan Gerlach
clock 28 March 2024 • 4 min read
Trustpilot