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...
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