Asia has been on a remarkable journey in the past few decades. The most notable aspect has been the emergence of China. Thirty years ago, there were just a handful of listed companies in China; now it is the second largest stockmarket in the world. More importantly, China’s economy has grown rapidly, and it is now the world’s second biggest.
The region has changed in other ways too. Back in the 1990s, all that mattered for Asian economic activity was the strength of the US economy, given the importance of the US for Asian exports. Thirty years on, the picture is very different. The US remains a major market for Asian exports but what has become more important is intra-regional trade, driven by internal demand and growth in Asia itself.
Fidelity Asian Values Plc (LON:FAS) provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.
