Man Group Fund Expects China Market Rebound with Policy Boost

Reported 8 months ago

An asset manager at Man Group anticipates that China's top leaders will introduce measures to stimulate consumption and revive the country's stock market during the July meeting. Andrew Swan, head of Asia ex-Japan equities and discretionary at Man Group, is optimistic about the potential market performance in an environment with additional stimulus to boost China's economy, despite current challenges like earnings downgrades and weak consumer demand. Swan's fund has outperformed 89% of its peers over the past three years and shows confidence in the technology sector while remaining cautious about energy and consumer staples.

Source: YAHOO

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