Buy Asian stocks beaten down by Brexit fears, says Josh Crabb, head of Asian equities at Old Mutual Global Investors. Others are tipping US shares and high yield.
Tag : josh crabb
Some fund managers are arguing the case for Asian equities despite the likelihood of further US interest rate rises this year.
HKEx hires for new mainland team; Citi appoints Asia CEO; Northern Trust creates Melbourne team; Old Mutual gets new group chief; RidgeWorth makes sovereign wealth hire; and FTSE recruits for ESG.
The CEO of Old Mutual Global Investors is aiming to recruit star managers along with other staff in Asia as part of a regional expansion. But Julian Ide wants employees who fit in with the asset manager's culture.
