Top fund managers: Fidelity Asia

Fidelity Asia’s portfolio manager worries about the Chinese market but feels there is plenty of value throughout Asia.

Summary: Fidelity Asia portfolio manager Anthony Srom is underweight China, concerned that investors are pinning hopes on government stimulus and not factoring in the risks. Although he says there are interesting pockets of the Chinese market, he points out that return on capital in India is higher. The fund is holding slightly more cash than normal as markets rally.

Key take-out: Srom takes the view that the Chinese government has lost control of the economy, as stimulus is not getting traction. Although the index has rallied, performance has come from multiple expansion.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed…

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles