Attractive share-price valuations, huge current account surpluses, and capital flows are among the reasons F&C is overweight in these markets.
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The UK fund manager says it will open offices in China and Taiwan, but is still hesitant about trading in highly priced A-shares.
China's new insolvency laws may open up a new landscape for investors such as distressed-asset hedge funds.
The stock exchange will gradually replace existing indices with the new, modern line-up, including Islamic benchmarks.