Seaman at Stratton Street betting Trump pivot to bolster yuan
China’s currency still up in 2017 despite dollar’s resurgence
Andy Seaman has a message for yuan bears: Get over it.
China’s currency is on an upward trajectory and those not positioning for gains will lose out, says the London-based manager of Stratton Street Capital’s Renminbi Bond Fund. Investors fixated on the yuan’s three-year pullback are “obsessed with the past” and will see their performance lag as dollar weakness and resurgent growth in China bolster the yuan.