Fund of the week: Play the rise of Asia's consumer

Asian markets have had a very good year. Our fund of the week is taking advantage of that by investing in the rise of the Asian consumer.

It's been a rollicking good year for Asian markets. "But the rally is too much," says Susie Rippingall, manager of the Scottish Oriental Smaller Companies Investment Trust.

"It's happened very quickly, and my concern is that analysts have got ahead of themselves in upgrading economic forecasts and corporate earnings. I specialise in smaller companies, so I see more of basic manufacturing. And they have very little visibility in orders, as they're geared towards the West. So unless you think European and US consumers are going to go back to their old habits, there is a risk of disappointment."

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