Awdry cites unexpected earnings growth as the key to outperformance

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Gartmore China Opportunities manager uses growth-driven process to look for changes within industry overrun by market pessimism.

Charlie Awdry believes profiting from unexpected earnings growth explains why the Gartmore China Opportunies fund has generated such strong returns since he took over as manager in June 2006. Launched in March 1983, the £736m vehicle is ranked second out of 61 funds in the IMA Asia Pacific excluding Japan sector over five years to 7 June, up 174.9%, compared to an average sector increase of 108.5%, according to Morningstar. Over three years it is ranked 14th out of 74 funds, up 37.2% compared to a sector increase of 24.1%. Over one year the fund is up 30.7%. The fund aims to generate...

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