Managers wary of Asia stocks

Following a series of interviews with leading fund managers Gilbertson said IMS had found managers were focussing on domestic names and were treading gingerly when it came to technology stocks and commodities. They were also averse to the Taiwanese and South Korean markets which they believed were offering poor value. Gilbertson said: “Short term downside risk in China is balanced with optimism over the longer-term. Risks could arise from protectionism levied against China and possible regulatory change as well as increased labour costs.” Managers were, however, more positive on Ja...