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Veritas eyes emerging markets

Veritas Asset Management is considering adding an emerging markets team and also focusing on individual sector strategies.

Chief executive and portfolio manager Charles Richardson says it is looking at pursuing individual sector strategies, such as healthcare. Since its launch in 2003, Veritas has added four teams, including global, Asian and private client and segregated mandate.

He says: “We would favour the likes of emerging markets over more mature areas like the US and the UK because we feel those markets are very narrow whereas there is much more scope in Asia, where we can grow on what we have.”

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