China favourite in Southeast Asia

Fund managers have been focusing their Southeast Asian portfolios towards China and Singapore, according to the latest asset allocation research by Forsyth Partners. Funds with overweight positions in China include GAM Star Asia (Euro Class), Baring Asia Growth and the HSBC GIF Asian Opportunities fund. John Mytton, fund manager of the GAM Star Asia (Euro Class), said: 'Consumer prices in China, where industrial production and exports are growing strongly, rose for the first time in three and a half years in April. Further improvements in the economy will be fuelled by strong ...