Analysts back Witan Pacific MM trust

Analysts at Edison have backed the Witan Pacific multi-manager investment trust as a strong route to gain exposure to the region.

A research note from Edison said the £177m investment trust’s multi-manager approach meant it was better at picking out strong companies and delivering a better return.

The emailer said: “Over the past 12 months, the trust’s Asia-Pacific benchmark has been virtually flat, underperforming world and UK indices primarily as concerns related to tapering and China’s growth came to the fore.”

It pointed out that the management groups in the fund - Aberdeen, Matthews and Gavekal - have strong expertise in the region.