Fund Manager Who Beat 98% of Peers Says Stay Calm and Buy Stocks
- JPMorgan Asset’s Kwok sees value in Asia equity market
- Kwok has been adding some technology, India financial stocks
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Trade war? Yes. Global slowdown? Yes. Volatile market? Yes. But does that mean investors should cash out and run? Not this top-performing fund manager. She’s staying put.
Joanna Kwok, who co-manages the JPMorgan Asia Growth Fund, says volatility will linger in Asia markets due to trade war uncertainty and corporate earnings concerns. Even with the unpredictability of U.S. President Donald Trump and other political risks, investors should hang on as valuations suggest “decent” returns in the next 12 months, she said.