M&A, green energy and new media: Ma's themes for a changing China

Investment themes for a changing China

Fidelity Worldwide Investment's Raymond Ma tells Nick Paler how he has been driving returns on the Fidelity China Consumer fund, and how he aims to benefit from policy reforms in a changing country

Raymond Ma has spent the last eight years at Fidelity focusing on China, starting out as a sector analyst before being given his big break when the group launched the Fidelity China Consumer fund for him in September 2011. Ma’s first role in charge of a fund has been a success so far. The manager topped the IMA China sector after nearly doubling the returns of the sector and the wider MSCI China index over the last 30 months. His fund which, as the name suggests, focuses on the increasing consumption of goods and services by an increasingly affluent China, has returned 29% since launc...