I spot a buying opportunity as Asia firms dip

EMMA WALL Head of investment analysis at investment platform Hargreaves Lansdown

IT’S confession time. I have yet to decide what to do with my Isa in the coming months. But I do know where I am putting my son’s Junior Isa money – I’m splitting it between funds L&G Future World ESG Developed Index and ASI Asia Pacific.

The L&G fund invests in companies in developed markets that score highly on environmental, social and governance factors. The ASI fund invests in companies listed in Asia – in my opinion, the best area in the emerging markets space.

Both funds are higher risk, but for a Junior Isa you can afford to have a long-term investment horizon.

L&G Future World Developed Index has produced one-year returns of 11.7 per cent – it was only launched in 2019. ASI Asia Pacific has returned 21.9 per cent over three years, but has fallen by more than 12 per cent over the past year.

A buying opportunity? Methinks so.