194. What do Birkenstock, eBay, recycling and litigation all have in common?
Lucy Isles, co-manager of Baillie Gifford High Yield Bond fund, discusses her investments in the...
24. Asia ex Japan? It’ll be Asia ex China one day…
Having worked in Japan for a number of years, Dale Nicholls, found the growing investment opportunities in China more compelling and moved to Hong Kong six years ago. He believes that while many mainstream Asian equity funds look at Asia ex Japan today, very soon China will be so dominant they will look at Asia ex China instead.
Fidelity China Special Situations investment trust invests predominantly in companies listed in China and Hong Kong, but manager Dale Nicholls will also invest in companies listed elsewhere in the world that have significant interests in, and get most of their revenues from, China. Dale has a bias towards small and medium-sized companies, which he thinks are less well covered, so there is greater room for the market to underestimate their potential.
Read more about Fidelity China Special Situations
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