Guinness Global Innovators shifts China holdings on back of political uncertainty

Volatility not an opportunity

clock • 2 min read
Ian Mortimer of Guinness Asset Management
Image:

Ian Mortimer of Guinness Asset Management

The £550m Guinness Global Innovators fund recently exited some of its holdings with direct exposure to China, including Tencent, in response to “regulatory and political uncertainty” in the country.

Co-manager Ian Mortimer said he does not view the volatility in Chinese markets, in response to the regulator's crackdown on technology companies and its ban on for-profit tutoring and education companies,...

To continue reading this article...

Join Investment week

  • 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

The pandemic has acted as a catalyst for biotech and health industries

Covid catalyses investment in biotech with 2022 set to be 'breakout' year

Tremendous potential, particularly in the spatial biology sector

clock 21 January 2022 • 4 min read
Eiji Saito is leaving after 26 years in the industry

Manager of JP Morgan Japan Small Cap Growth & Income departs

Led strategy over 18 years

clock 19 January 2022 • 1 min read
Dmytro Spilka of Solvid

Fuelling the LSE's revival: Could a Huel IPO turn around the London Stock Exchange's fortunes in 2022?

Other possible IPOs include EG Group, Monzo and Starling Bank

Dmytro Spilka
clock 13 January 2022 • 4 min read
Trustpilot