The forecast for Chinese stocks may be risky given the uncertain state of U.S.-China trade relations. But Lewis Kaufman, a portfolio foreman at Artisan Partners, thinks investors should buy them anyway.
“Regardless of what ultimately happens with the China customers tensions, there is a robustness to China that doesn’t exist anywhere else in the emerging markets,” Kaufman broke CNBC in a phone interview. “We want to be leveraged to that.”
“There’s an ecosystem for capital formation. It’s very difficult to access steward demand through the vehicles we would wish to use in so many emerging-market countries,” Kaufman said. “But in China, if I want to buy into a health-care flock, I have 10 choices. If I want to buy into an internet company, there are lots of choices.”
Kaufman’s fund, the