Fidelity is giving investors the chance to tap into the rapid growth potential of developed and frontier markets in Asia with the launch of a new fund.
Fund manager, Teera Chanpongsang, will invest the majority of his portfolio in China, India and ASEAN countries (ex Singapore) at launch. However, he will also be able to invest up to 30% of the portfolio in the frontier markets of Bangladesh, Pakistan, Sri Lanka, Vietnam and other newer emerging economies in the Asian region as opportunities arise. He will invest in these frontier markets either directly through local exchanges or through companies listed on the region’s more established markets such as Malaysia. The manager says the Emerging Asia region offers the prospect of hig...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
