Eastern Europe holds renewed promise for the Specialist Sector, writes Paul Burgin.
The recent addition of offshore funds has added some £30bn in assets to the hotchpotch Specialist sector. Offshore giants such as HSBC's Indian and Chinese equities funds now dominate. They are worth £3.9bn and £2.1bn respectively. JP Morgan Global Convertibles, Baring Eastern European and Templeton BRIC account for a further £7bn. UK domiciled funds have proved almost as popular. The biggest include the commodity-themed JP Morgan Natural Resources and BlackRock Gold and General, both around the £2bn mark. Single market funds These funds sit in the Specialist sector rather than Emer...
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