The Fidelity Sustainable Asian Equity manager talks investing amid turmoil in China, the state of the Asian supply chain, ESG’s role in the investment process, and more.
Rated Asian equity manager exits Fidelity stepping off €3 5bn fund citywireselector.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywireselector.com Daily Mail and Mail on Sunday newspapers.
Publishing date: Jul 02, 2021 • 4 hours ago • 3 minute read •
Article content
(Bloomberg) Some of the world’s biggest money managers say the strong rally in China’s renewable energy stocks has more legs, citing the sector’s rosy earnings prospects and policy support.
BlackRock Inc., Aberdeen Standard Investments Ltd. and UBS Global Wealth Management are among those backing investments in Chinese electric vehicle-related companies and solar firms. Their endorsement comes as the world’s largest battery maker Contemporary Amperex Technology Co. and major solar producer LONGi Green Energy Technology Co. hit record highs this week after surging more than 40% each in the last quarter.