Capitalising on Asia’s long-term potential
Specialist Asia fund manager Treasury Asia Asset Management (TAAM) has partnered with distribution specialist The Private Collection to promote the TAAM New Asia Fund to advisers.
The Private Collection will be responsible for helping TAAM educate advisers and dealer groups about the “excellent long-term investment opportunities that exist in the Asian equities market”, according to TAAM general manager Sheldon Rivers.
“Current valuations are looking very cheap and presenting some compelling bottom-up opportunities across the region,” he said.
“The food and energy related inflation scare that has hit Asian markets in recent months has temporarily disrupted the bullish long-term Asian story. In particular, there are positive long-term fundamentals, growth in the number of discretionary middle class consumers and low debt levels across Asia,” he said.
Recommended for you
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.