US-China trade war: Fund managers pick stocks to boost portfolio


Fortress Capital Asset Management CEO Thomas Yong (pic) said after a healthy portfolio performance in the first quarter, it has continued to stay invested in Asian equities.

PETALING JAYA: With the US-China trade war heating up with no signs of abatement, fund managers on the home turf, who have been profit-taking, are actively buying into fundamentals locally and regionally to boost their equity portfolios.

Fund managers told StarBiz that they are now in an attractive cash position to invest in quality sectors and stocks that have strong fundamentals.

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