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James Carthew
  • James Carthew

Fishing in the unfashionable

Fidelity Asian Values (FAS) is a fund that dares to be different. During the last year, FAS has posted decent absolute returns but has lagged behind its peer group and benchmark, which have benefited from their exposures to large caps and technology (two areas where FAS is structurally underweight). The manager is not unduly concerned by this development. He expects that, over the long term, he will be able toprovide strong absolute returns that are not dependent on being exposed to ‘fashionable...

James Carthew
  • James Carthew

Fishing in the unfashionable

Fidelity Asian Values (FAS) is a fund that dares to be different. During the last year, FAS has posted decent absolute returns but has lagged behind its peer group and benchmark, which have benefited from their exposures to large caps and technology (two areas where FAS is structurally underweight). The manager is not unduly concerned by this development. He expects that, over the long term, he will be able toprovide strong absolute returns that are not dependent on being exposed to ‘fashionable...

Matthew Read
  • Matthew Read

Sticking to the Nitin!

”‹The second anniversary of Nitin Bajaj becoming manager of Fidelity Asian Values (FAS) is approaching and, if he continues in the same vein, his appointment will have been a very successful change of strategy for the trust. FAS has recently made a bonus issue of subscription shares allowing existing investors to increase their exposure to the strategy.

Matthew Read
  • Matthew Read

Sticking to the Nitin!

”‹The second anniversary of Nitin Bajaj becoming manager of Fidelity Asian Values (FAS) is approaching and, if he continues in the same vein, his appointment will have been a very successful change of strategy for the trust. FAS has recently made a bonus issue of subscription shares allowing existing investors to further participate in this success.

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