After another challenging six months since our last note, with initially unscathed Asia finally being hit hard by COVID-19, Aberdeen New Dawn (ABD) has maintained its strong performance, showing it can still be resilient in down markets. But the manager says the numbers also reflect ABD’s long-standing caution over China, which experienced one of its worst market sell-offs for some time this year. A greater state interference in key sectors has raised questions about the country’s regulatory env ....
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Caution wins out in the end
- Published:
04 Nov 2021 -
Author:
James Carthew | Matthew Read | Jayna Rana -
Pages:
16
After another challenging six months since our last note, with initially unscathed Asia finally being hit hard by COVID-19, Aberdeen New Dawn (ABD) has maintained its strong performance, showing it can still be resilient in down markets. But the manager says the numbers also reflect ABD’s long-standing caution over China, which experienced one of its worst market sell-offs for some time this year. A greater state interference in key sectors has raised questions about the country’s regulatory env ....