Professional Wealth Managementt

By PWM Editor

“We continue to reduce our equity exposure to US managers and increase our allocations to Europe, Asia and emerging markets. Within the Japanese equity portfolio we decided to replace Henderson Japanese Equity with Schroders Tokyo. Andrew Rose, head of Schroders’ Japan team of analysts and fund managers, has been with the firm for more than 20 years. The valuation drivers of the Schroders process, combined with its relatively low turnover, make the Tokyo fund a good core holding for a Japan portfolio.”

 

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