TORONTO, Feb. 27, 2012 /CNW/ - Excel Funds Management Inc., Canada's authority on emerging markets, is excited to bring Canadian investors exclusive access to Agnes Deng, head of Hong Kong equities at Baring Asset Management. As one of the world's top portfolio managers investing in the China market, Ms. Deng has received the 2012 Lipper Award for best fund over 3 years for managing the Excel China Fund.
Being an on-the-ground portfolio manager based in Hong Kong, Ms. Deng will share an in-depth perspective into China that many Canadian-based portfolio advisors cannot provide. Ms. Deng will speak on the outlook of Chinese equity markets in 2012 as well as attractive equity valuations. She will provide keen insight on developments within the Chinese economy including falling inflation, increasing consumer confidence and stimulus from lowering bank reserve ratio requirements.
"The reserve ratio requirements for banks in China were lowered from 21% to 20.5%, and there's ample room for further easing", said Bhim Asdhir, President and CEO of Excel Funds, who forecasts a positive 2012 for China. "What typically happens in easing cycles is equities rally strongly - we witnessed this phenomenon in 2008 when China lowered the reserve ratio requirements as a method to stimulate the economy, and in turn the markets rallied over 58%."
In an exclusive lunch presentation that will be held by Excel Funds on Wednesday, February 29th at the Toronto Board of Trade, Ms. Deng will share her outlook with financial advisors.
Ms. Deng joined Barings in 2007 and has been managing the Excel China Fund since 2009. She has over 12 years of investment experience, and is a seasoned market expert on China, Hong Kong and the broader Asian region. Her numerous accomplishments include working closely with a leading global asset management firm and managing a China fund that routinely ranked in the top quartile of peer group performance surveys.
There will also be a national conference call at 2pm. Participant dial-in number(s): 416-695-7806 / 888-789-9572 Participant pass code: 6085762
About Excel Funds
Excel Funds Management Inc. is Canada's only emerging markets focused mutual fund company. For over 12 years, we have been partnering exclusively with best in class, on-the-ground portfolio managers that bring Canadian investors firsthand insight and expertise in these flourishing economies. Through our funds, investors gain early exposure to companies positioned to become future leaders in some of the world's fastest growing markets. Excel Funds is a multiple Lipper Award winning company, and maintains a highly ranked fund family that is focused on emerging market growth opportunities. For more information, please visit www.excelfunds.com.
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