Fund Manager Beating 97% of Peers Buys Korean Tech Stocks
Fund Manager Beating 97% of Peers Buys Korean Tech Stocks Bloomberg 12/14/2020 Moxy Ying (Bloomberg) -- A top-performing fund manager is betting that South Korea’s technology stocks still have room to shine in an equity market that has surged more than 90% since the initial impact of the pandemic in March. Soohai Lim, a fund manager for Barings in Hong Kong, said strong earnings growth, attractive valuations and a positive trend for chip prices bode well for the country’s equities. In addition, the shares have the right mix of growth and cyclical characteristics. He has ...