Evelyn MPS team takes 'tentative' steps into Baillie Gifford EM fund

‘It is possible we are nearing a turning point in Asia and emerging markets’

Hope Coumbe
clock • 1 min read

Potential improving market outlooks in Asia and the emerging markets (EM) has seen the Evelyn Partners Active managed portfolio service (MPS) team adjust its position in Baillie Gifford’s EM offering.

The latest rebalance for Evelyn's Active MPS will see its highest risk model position for possible burgeoning opportunities in the regions. Despite this, Evelyn Partners said its team is still viewing the move as "tentative steps" for a possible change in fortune. This has been pushed out in recent years by what it labelled as the "deteriorating picture in China". "It is possible that we are nearing a turning point in Asia and EM, but we await evidence of this occurring before making any significant moves here," said lead manager James Burns. The Baillie Gifford EM Leading Companie...

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 Investment

Multi-Asset Roadshow 2024: Last chance for Bristol, Cardiff, London!

Multi-Asset Roadshow 2024: Last chance for Bristol, Cardiff, London!

Register now to join PA on the road this week

Professional Adviser
clock 16 September 2024 • 1 min read
Partner Insight: Is the Japanese yen making a comeback?

Partner Insight: Is the Japanese yen making a comeback?

Recent volatility has shown the impact that currency movements can have on financial markets. Late July, Orbis Investments, wrote about currency risk, and in particular, the prospect for a strengthening yen.

Orbis Investments
clock 13 September 2024 • 4 min read
Brooks Macdonald suffers £600m net outflows amid 'challenging' economic backdrop

Brooks Macdonald suffers £600m net outflows amid 'challenging' economic backdrop

Model portfolio service brought in £388m for the group

Sorin-Andrei Dojan
clock 12 September 2024 • 2 min read