Credit Suisse Orient Fund - fund manager change
Credit Suisse’s fund range has recently been acquired by Aberdeen Asset Management. Inevitably a part of this process will involve changes to the day-to-day management of some funds. It has been announced that Boon Yeo will be replaced as
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manager of the Credit Suisse Orient Fund.The Credit Suisse Orient Fund has never really been able to consistently outperform its sector, so a change at the helm has not come as a surprise. Mr Yeo’s replacement will be the Aberdeen Asia Pacific Equity Team.Operating in Singapore under industry veteran Hugh Young since 1992, this team have built up an enviable track record of investing in Asian stock markets. We consider them to be one of the finest teams in the sector and as such believe that existing investors in the Credit Suisse Orient Fund should view this change positively.Stuart Goodwin, Analyst
