Energy exposure drives AsiaÆs winners and losers

ôEnergy supply will be an issue for global equities for the next decade,ö says Jason Pidcock, London-based manager of Asian funds at Newton Investment Management, a unit of BNY Mellon.PidcockÆs team manages around $3 billion of Asia-specific equity funds and another $3.5 billion worth of Asian portfolios for global products. The firm identifies driving themes or trends, which form the basis for bottom-up security selection, usually for highly concentrated portfolios. For Asian portfol…