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...
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