The Australian Financial Review featured our global equities fund's analysis of Chinese equity markets following the US Supreme Court's ruling against President Trump's reciprocal tariffs. As Australian fund managers, we identified compelling opportunities across China's mainland sharemarket, from artificial intelligence stocks to consumer-focused companies.
Our portfolio management team highlighted how the court decision significantly benefited Chinese markets. As Armina Rosenberg noted in the article:
The Supreme Court ruling is a modest tailwind for Chinese sharemarkets, given China went from facing some of the highest tariff rates (up to 50 per cent on some goods) to the new 15 per cent global rate.
We explained that China emerged as "one of the biggest winners" from this development, creating attractive entry points for global equities strategies. Among our selections, we highlighted electronics company Xiaomi, which has expanded into electric vehicles, and WH Group, the world's largest pork processor. Our analysis focused on companies benefiting from structural shifts in China's economy.
Its US pork division has gone from loss-making to profitable, while in China, falling hog prices have been good for processing margins.
To read the article, click the link below.