Jupiter's De Blonay rotates £900m Fin Opps away from Asia

Since officially taking on lead management of the £897m fund from Philip Gibbs on 1 January this year, de Blonay has made significant changes to the portfolio's top ten holdings, and has overhauled its geographical allocation. The largest regional weighting is now Europe, at 35% of the fund, while just 6% is in the Far East. This is a complete reversal from the end of November last year when Asian markets comprised almost 40% of the portfolio and the US was just 4%. De Blonay has sold all his holdings in Chinese banks, including Bank of China, Industrial & Commercial Bank of China, an...