View more on these topics

Palm reader

Unlike the major markets where well managed smaller company funds usually outperform bigger company funds, the Asia Pacific excluding Japan sector usually sees bigger company funds performing better. This sector performed very well in the first three months of this year but recently there has been quite a lot of profit-taking and the Hang Seng index has shown the smallest rise of all the main stockmarket indices since the beginning of the year.

I see this as a buying opportunity as the outlook for well managed funds in this sector is still excellent.

Tulloch certainly has an outstanding record. His fund rose by around 106 per cent over five years to May 1 and has increased further since then.

The fund is fairly widely spread at the moment, with 30 per cent in greater China, including Hong Kong and Taiwan, around 29 per cent in South-east Asia, 18 per cent in Australasia, 8 per cent in Korea and over 6 per cent in the Indian sub-continent.

Sector breakdown is also fairly widely spread, with 23 per cent in financials, 21 per cent in consumer shares, 20 per cent in industrials, 10 per cent in technology and the rest spread widely.

The biggest holdings include New Crest Mining, Toll Holdings, Brambles Industries, China Telecom and the 101 Corporation which is a producer of palm oil.

This fund is among the most conservatively run. Its record speaks for itself and I recommend it.

Other funds that I like in this sector are First State Asia Pacific leaders fund, Martin Currie Asia Pacific, Jupiter Asian and Aberdeen Asia Pacific.

Recommended

Pensions Regulator issues landmark ruling to Sea Containers

The Pensions Regulator has ordered Sea Containers to inject at least £90m into its pensions funds or face court action in a landmark move.The regulator has used it powers under the 2004 Pensions Act to issue its first financial support direction to Sea Containers in a move which pensions experts are calling an historic day […]

Harrison slams system structure

David Harrison has launched platform True Potential with a damning indictment of industry inefficiencies for leaving advisers reliant on big commission because current structures do not support thousands of small transactions.He also claims that wrap is making things worse and says his system offers the best route to profitability.TP will offer fact-finds, two-way tracking, real-time […]

What the doctor ordered

The Phizackerley case will in most circumstances have no effect on IHT planning strategies.

Health - thumbnail

Healthcare predictions for 2015 from Jelf Employee Benefits

The continuing fall-out from the Competition and Markets Authority’s (CMA’s) review, the rise of the private GP and digital engagement will be the primary focuses in the private healthcare industry during 2015, according to Iain Laws, managing director, healthcare and group risk, at Jelf Employee Benefits.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com