Schroders' Robin Parbrook has said investors have been misled into buying Asian equity ETFs to benefit from the rising middle class story, which can really only be accessed through a small number of specific stocks.
Speaking at a Cazenove Capital conference, Parbrook, who is co-manager of the $4.2bn Schroder ISF Asian Total Return fund, said many investors were investing in passive Asian products to benefit from the...
'Following the letter, but not the spirit, of the rules'
Tech giant still stands out
Reduces chances of rate hike
Designed to park short-term cash