By Lora Coventry
Tuesday March 02, 2010 at 03:00
had increased its cash position as it went into 2010 with a cautious outlook, on the back of rising inflation expectations.
"Being held in US dollars, the fund has since has benefited from the currency's recent appreciation," Thompson says.
picks out China Yurun Food in China as a high performing stock, saying consumer staples have performed strongly on the back of inflation fears, and the sector is also benefiting from structural growth factors.