Asian stocks have been largely ignored this year as investors take stock of positions and eye potential shifts in policy from central banks, but multi-managers are now upping their exposure amid a strong rally.
China, the world's second-largest economy, has seen stocks surge since May, with the IMA China sector returning 21.6% in the four months to 11 September 2014, according to FE. The IMA Asia ex-Japan index has followed a similar trajectory, with returns of 13.5%. A 500 billion yuan (£50bn) stimulus package unveiled this week could also prove supportive of asset prices in the country. In the face of rising markets, managers have become increasingly concerned about other emerging markets, and are now skewing their portfolios to Asia in the expectation the rally continues. Henderson's m...
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