Investors must look beyond the headline Asian growth story and understand exactly where companies are putting their excess cash flows, according to Michael Godfrey, manager of M&G Asian fund.
Godfrey asserted that investors continually over-pay for growth and that, while Asian companies have had ample opportunities to grow over the past decade, they have not necessarily performed well. "The...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till