Barings joins China bears on growth worries

Some say China is overlooked and underinvested, but not all investors share the same optimism. UK fund house Baring Asset Management is much more confident about developed markets than it is on China; having last month moved to underweight Asian and emerging market stocks in anticipation of a further slowdown in the mainland. In a best-case scenario, Barings' Hong Kong-based Asia head of multi-asset, Khiem Do, expects China’s domestic economy to “bottom out” this year, with urba…