Die besten Asia ex Japan Aktienfonds - Seite 2

Greg Kuhnert, Fondsmanager des "Investec GSF Asian Equity A Acc Gross" & "Investec Asia ex Japan A Acc Net" (18.02.2010): "Regardless of where a company is domiciled, we believe that a good investment is one which is attractively valued at purchase, is good quality in terms of the consistency of cash flow returns, is getting increasing focus from brokers and analysts, and demonstrates decent share price momentum. We have incorporated this combination of fundamental and behavioral finance characteristics into our renown 4Factor investment process. We rigorously apply these factors to the analysis of the investible universe of Asian equities before performing detailed fundamental analysis on the short list of companies that score highest on this screen."

e-fundresearch: "Welche Regionen und/oder Sektoren sind derzeit in Asien ex Japan Fonds über- und untergewichtet? Was sind die Gründe dafür?"

Alistair Thompson & Angus Tulloch, Fondsmanager der "First State Asia Pacific A GBP Acc", "First State Asia Pacific Leaders A GBP Acc", "Skandia Pacific Equity A1", First State (25.02.2010): "Regional Exposure
Increased exposure to Papua New Guinea, China, Malaysia, Australia and Singapore
• Decreased exposure to India, South Korea, Taiwan and Thailand
• Overweight Australia, Hong Kong, Malaysia, Singapore and Thailand
• Underweight China, India, South Korea and Taiwan

Sector Exposure
• Increased exposure to Consumer Staples, Industrials, Telecom Services and Utilities
• Decreased exposure to Consumer Discretionary, Financials and Information Technology
• Overweight Consumer Staples, Health Care, Industrials, Telecom Services and Utilities
• Underweight Consumer Discretionary, Energy, Financials, Information Technology and Materials

Our portfolio is currently cautiously positioned. IT and materials sector are export dependant and we are worried about the demand outlook for Western consumers as they repair balance sheets. Consumer staples, healthcare, telcoms and utilities are all relatively immune from the expected slower economic growth from the West. Banks are expensive in Asia."

Joseph Tse, Fondsmanager des "Fidelity Funds - South East Asia A USD" & "Fidelity Funds - Asian Special Sits A" (24.02.2010): "I am currently overweight technology stocks as these names have been able to benefit from the global recovery. I had been underweight the sector for most of the last 9 years after the TMT bubble burst, anticipating a long de-rating period. However, I have moved to an overweight position more recently. There are increasingly more technology stocks that are reasonably priced, and some even pay dividends. I am also overweight consumer discretionary given the huge growth potential on the back of high but falling savings rate and the enormity of this market.