Infrastructure and agriculture in Asia are two of the major investment themes favoured by David Urquhart, manager of the recently launched Fidelity Asian Aggressive fund.
Urquhart explained how emerging market infrastructure spending is set to more than double in the next ten years and reach a total of almost $3,500bn, and the majority of this spend will be in Asia. He explained that the infrastructure chain starts with mining - coal, ore and other materials. "Shipping and logistics companies are then required to transport the materials - along roads, rail and via airports that also need to be built," he said. Commenting on the prospects for agriculture, Urquhart said: "Agriculture is more than just food. Seed, fertilisers, pesticides and equipment a...
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