Fidelity Asian Values (FAS) significantly outperformed its benchmark in the 2018 market sell-off, helped by its focus on capital preservation as well as growth. Manager Nitin Bajaj says that recent stock market volatility has enabled him to purchase market-leading businesses at very attractive prices, as valuation multiples have compressed while corporate earnings have remained robust. Bajaj notes that FAS’s portfolio is currently trading on a relatively low aggregate P/E multiple and i
04 Mar 2019
Fidelity Asian Values - Finding attractively priced opportunities
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Fidelity Asian Values - Finding attractively priced opportunities
Fidelity Asian Values PLC GBP (FAS:LON) | 504 0 0.0% | Mkt Cap: 359.0m
- Published:
04 Mar 2019 -
Author:
Mel Jenner -
Pages:
10
Fidelity Asian Values (FAS) significantly outperformed its benchmark in the 2018 market sell-off, helped by its focus on capital preservation as well as growth. Manager Nitin Bajaj says that recent stock market volatility has enabled him to purchase market-leading businesses at very attractive prices, as valuation multiples have compressed while corporate earnings have remained robust. Bajaj notes that FAS’s portfolio is currently trading on a relatively low aggregate P/E multiple and i