Game on for China-focused offshore funds
Mon Sep 17, 2012
The general consensus among investors is for a slowdown that will inevitably hurt corporate earnings
Hold on to your hats. Even if you don't believe the doomsayers
who are forecasting a hard landing ahead for the Chinese
economy, the general consensus among investors is for a
slowdown that will inevitably hurt corporate earnings.
"Economic growth has come down from more than 10% in the past
five years to 7.8% in the first half of 2012, and corporate
earnings growth is also expected to slow," says James Liu,
deputy chairman and deputy CIO at the Singapore-based APS Asset
Management, which was set up in 1995 and now has $1.4 billion
|"We've been in China for more than a decade and
over that time we've continued to deliver excess returns
through a couple of cycles"
James Liu, deputy chairman and deputy CIO, APS
Asset Management, Singapore
Others agree that investors in the Chinese market are facing
unusually strong headwinds today. "We...
This content is only available to HedgeFund Intelligence active subscribers and trialists.
TAKE A FREE TRIAL
To continue reading please, take a free trial, subscribe or log in to HedgeFund Intelligence.
Subscribers have unlimited access to all current content, including fund performance Live League Tables. Start your subscription today - click on the button below.