Guinness AM expands emerging markets range with Best of Asia fund launch

Guinness Asset Management has extended its emerging markets suite with the launch of the Best of Asia fund, the firm's fourth in the asset class.

The fund is managed by the Asian equities team led by portfolio managers Edmund Harriss and Mark Hammonds, who was promoted to co-manager on all the funds in May. The UCITS-compliant fund adopts a growth-orientated approach, using a bottom-up fundamental process to create a concentrated portfolio of 33 stocks. The managers select stocks from a list of 350 names that have been screened from the Asia Pacific universe, which contains around 7,000 companies. Mirae Asset expands fixed income range with Asia fund To make the portfolio, companies must have a cash flow return on investm...