STONEHAGE FLEMING GLOBAL: £1.9bn fund plays the long game

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Published date: 2025/08/29
  • Location: 30303, Hanover, Illinois, United States
Smit's response was to offload the fund's holding in Tencent. The proceeds were invested in Dutch company ASML, a provider of equipment to the semiconductor industry. 'The risk premium was too high,' he says.

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