VIENNA-based Raiffeisen Capital Management (RCM) has launched the Raiffeisen-Emerging ASEAN-Equities fund in the UK and Jersey.
Focused on the 'smaller' emerging markets in south-east Asia, as opposed to the region's economic powerhouses of China and India, it aims to tap the potential offered by their location at the heart of the world's fastest growing region. Mark Monson, fund manager, said: "Most investors are concentrating on China and India, when it comes to Asia. So far, they have tended to overlook the 'smaller' emerging Asian countries, which have joined together in ASEAN, the Association of South East Asian Nations. But it is important to realize that countries like Malaysia, Thailand, Indonesia, the P...
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