| From Globalpensions.com: Asian funds at Newton Investment Management are among the beneficiaries of actions being taken by three of Asia’s largest sovereign wealth funds. Newton fund manager Jason Pidcock said the £813m (US$1.2bn) Oriental and £411m Asian Income funds he runs have profited from involvement in companies where SWFs are co-shareholders.
The 4% weighting Oriental fund has in Singapore hospital operator Parkway Holdings looks to benefit after Malaysia's Government investment vehicle Khazanah bid to increase its 24% shareholding to a controlling stake last week [Thurs 27 May]................................................Full Article: Source
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