New Economy back on track

Professional Adviser
clock

Fund managers are increasingly positive on the longer-term outlook for Asia's New Economy stocks, des...

Fund managers are increasingly positive on the longer-term outlook for Asia's New Economy stocks, despite the repercussions of the falls seen on Nasdaq. To the start of May, the Asia technology sector had fallen around 15% since its high at the end of March, compared with the Nasdaq which stood around 27% off its peak. Robert Conlon, fund manager at Investec Guinness Flight, believes the sector in Asia has to some extent been unfairly de-rated, given its number of profitable businesses. He says: "The correction in the Nasdaq has largely been down to the much-hyped dot.com stocks which wer...

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

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •