Around 55% of BFS Asian Assets split capital investment company, which is due to list next month, wi...
Around 55% of BFS Asian Assets split capital investment company, which is due to list next month, will be invested in Japanese and Asian equities. The split within this part of the portfolio will be 70% Japan and 30% Asia. Jade Absolute, which is running this part of the portfolio, said the bias towards Japan was "inevitable". Stephen Swift, who will co-run the portfolio with Scott McGlashan, said: "With returns having to be in yen and the portfolio being benchmarked against the Topix, it is obvious that we will have a significant exposure to Japan." He added that the split between Japa...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes