Ehrmann steers clear of Oz

At the fund’s core will be stocks capable of benefiting from intra-regional trade in Asia and there will be a geographical bias towards China, Malaysia and Singapore. The £38m fund formerly known as the Jupiter Far Eastern unit trust underwent a makeover on October 20 when it transferred the Japan element to the Jupiter Japan Income fund. New manager Ehrmann believes many of Asia’s domestic economies are benefiting from growth in disposable incomes and higher consumer spending but Australia, he concedes, simply is not an appropriate investment. He thinks Asia’s growth is no longer...