Note from FIL Investment Management (Singapore) Limited
=============================================
Like most countries, the effects of the poor performance of the US market did spill over to the Taiwan market. However, The Taiwan market has indeed performed very well on a relative basis compared to other Asian markets. It is also noted that several sectors have been responding well to the change in government.
The sectors include the financial and property sectors, as well as sectors relating to companies in the airline, hotel and retail industries. The cyclical materials sector is also still seeing growth thanks to its exposure to emerging markets demand and a tightness in global capacity growth. Stephen Ma, portfolio manager of the Fidelity Funds - Taiwan Fund, evaluates on the Taiwan market post government election, his take on expected political risks to the economy, the effect of techonology stocks dominating the Taiwan market as well as his portfolio management during this period.
=============================================
For a more detailed read, kindly reply to this email waynekohwg@gmail.com so I can send to you individually via email. (Total 2 files est. 1.0MB in all)
TSEC weighted index (Taiwan) chart:-
Like most countries, the effects of the poor performance of the US market did spill over to the Taiwan market. However, The Taiwan market has indeed performed very well on a relative basis compared to other Asian markets. It is also noted that several sectors have been responding well to the change in government.
The sectors include the financial and property sectors, as well as sectors relating to companies in the airline, hotel and retail industries. The cyclical materials sector is also still seeing growth thanks to its exposure to emerging markets demand and a tightness in global capacity growth. Stephen Ma, portfolio manager of the Fidelity Funds - Taiwan Fund, evaluates on the Taiwan market post government election, his take on expected political risks to the economy, the effect of techonology stocks dominating the Taiwan market as well as his portfolio management during this period.
=============================================
For a more detailed read, kindly reply to this email waynekohwg@gmail.com so I can send to you individually via email. (Total 2 files est. 1.0MB in all)
TSEC weighted index (Taiwan) chart:-
0 comments:
Post a Comment