Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

magazine

Why cash levels have shot up at Schroder AsiaPacific

Manager Matthew Dobbs increases cash levels to decade-high amid weak growth and trade war concerns

Matthew Dobbs, the manager of Schroder AsiaPacific (SDP), has increased the fund’s cash levels to their highest level for at least a decade according to investment bank Stifel.

While Dobbs acknowledges Asian markets are modestly cheap, he is concerned about the weak growth outlook and the scope
for the US-China trade spat to spin out of control.

Since late 2018, Dobbs has moved the portfolio from a modestly geared position to 5% net cash as at 30 April while dialling down the China and Korea exposure.

Stifel believes Dobbs’ 30 years of experience of Asian markets investing ‘will be invaluable to navigate these changing markets’.

‹ Previous2019-06-20Next ›


20 Jun 2019

Download PDF

Page flip version

Important information:

These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell.

Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.

Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.

The Shares team
Disclaimer

Issue contents

Aequitas

Big News

Editor's View

Exchange-Traded Funds

Funds

Great Ideas

Great Ideas Update

Investment Trusts

Main Feature, Responsible investing

Main Feature

Money Matters

Talking Point

Under The Bonnet

Magazine archive


31 Jul 2025
24 Jul 2025
17 Jul 2025

10 Jul 2025
3 Jul 2025
26 Jun 2025

19 Jun 2025
12 Jun 2025
5 Jun 2025