Silver Rated Asia Fund Outflows Continue

The Stewart Investors Asia Pacific Leaders fund is nearing £3 billion of outflows since long-time manager Angus Tulloch stepped down in mid-2016, but Morningstar's analyst is backing the new boss

David Brenchley 25 April, 2018 | 1:56PM
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Hong Kong skyline, Stewart Investors Asia Pacific Leaders, Angus Tulloch, China, fund flows

Investors continue to dump the Morningstar Silver Rated Stewart Investors Asia Pacific Leaders fund, with the offering now having lost nearly £3 billion in assets since long-time manager Angus Tulloch stepped down almost two years ago.

Tulloch had been with the group since 1988 and had overseen the fund from its launch in December 2003 until stepping down in July 2016.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Oversea-Chinese Banking Corp Ltd11.35 SGD0.00Rating
Stewart Inv APAC Ldrs Sstby B GBP Acc1,039.61 GBP-1.71Rating
Stewart Inv Asia Pac Sustnby B GBP Acc826.00 GBP-1.56Rating
Tata Consultancy Services Ltd3,534.35 INR0.00
Unicharm Corp4,797.00 JPY0.00Rating

About Author

David Brenchley

David Brenchley  is a Reporter for