RCS - Fidelity AsianValues - Hardman Research - India: adding spice to the mix
16/02/2023 07:30
For best results when printing this announcement, please click on link below: http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230216:nRSP0702Qa&default-theme=true RNS Number : 0702Q Fidelity Asian Values PLC 16 February 2023 Hardman & Co Research on Fidelity Asian Values (FAS): India: adding spice to the mix India accounts for 23% of FAV's portfolio and the top two overweight positions, both of which are Financials. In this note, we examine some of the key macro attractions of the that market, which help generate favourable tailwinds for investment. These include economic growth, socio-demographic changes, digitalisation and deregulation. We also use the two overweight, very different Indian case studies, to illustrate FAV's investment approach and how it adds value in the process. In six months, the Trust's NAV has risen to our previous July 2023 year-end estimate. We have now increased our forecast by 8%, reflecting performance to date, stock selection and the regional outlook. Please click on the link below for the full report: https://hardmanandco.com/research/corporate-research/india-adding-spice-to-the-mix/ (https://hardmanandco.com/research/corporate-research/india-adding-spice-to-the-mix/) If you are interested in meeting the company, you can register your interest by clicking on the above link. To contact us: Contact: Hardman & Co Mark Thomas mt@hardmanandco.com (mailto:mt@hardmanandco.com) 1 Frederick's Place +44 (0)203 693 7075 London EC2R 8AE www.hardmanandco.com Follow us on Twitter @HardmanandCo Hardman & Co Research can still be accessed for free after MiFID II. Please click here (https://hardmanandco.com/our-status-under-mifid-ii/) to read the statement. About Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report. This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com (mailto:rns@lseg.com) or visit www.rns.com (http://www.rns.com/) . Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy) . END NRAEAPASFLDDEFA