Newton is positive on Korea and China

Newton's Xuejun Sun, manager of the Newton Oriental Growth fund remains convinced that Korea and Taiwan are key long-term plays, despite negative sentiment on the countries. Sun sees buying opportunities developing in the technology sectors of those countries, two of his most bullish long-term plays where broad-based sell-offs have brought valuations back considerably. The fund, which is driven by top-down economic fundamental analysis on geography and sectors, has outperformed the sector average over 12 months and three years up to 13 September. Over one year it has posted offer to bid r...