Video Transcript
We believe that the China-Taiwan conflict at this point stays as a low-probability but high-impact event. If there were conflict happening to those two countries and regions, the impact is going to be more widespread, not just to China and Taiwan, and the industries that are impacted will be also very broad-based. We believe that the risk premium of Chinese equities and certain Taiwanese equities will have to factor in the rising geopolitical risks. But other than that, we’ll continue to focus on the fundamental cycle considerations, and then figure out the best risk-reward metrics for the companies we invest in.
Disclosure
January 2023
The views and opinions expressed herein are those of the speaker(s) as of the date of publication, are subject to change without notice as economic and market conditions dictate, and may not reflect the views and opinions of other investment teams within William Blair. Factual information has been obtained from sources we believe to be reliable, but its accuracy, completeness, or interpretation cannot be guaranteed. This material may include estimates, outlooks, projections, and other forward-looking statements. Due to a variety of factors, actual events may differ significantly from those presented. This video has been provided for informational purposes only and should not be considered as investment advice or a recommendation of any particular strategy or investment product, or as an offer to buy or sell any securities or related financial instruments in any jurisdiction. Investment advice and recommendations can be provided only after careful consideration of an investor’s objectives, guidelines, and restrictions. Investing involves risks, including the possible loss of principal. Past performance is not indicative of future results.