An upside in Malaysia

Henry Cooke's Far East ex Japan fund has reduced its weightings in Singapore and increased its exposure to Taiwan and Malaysia after switching managers. The Solus Eastern Enterprise Oeic fund was previously run by Adaline Ko at Lloyd George Management but is now being managed by former GT fund managers Lawrence Yip and Christopher Wong. Yip ran the GT Orient fund for six years until 1997 after which he set up a fund management joint venture with Malaysian financial services firm RHB, called RHB Asset Management. Since taking over the fund, Yip has cut exposure to Singapore from 18% to 8% ...