Asia steps into a rare position against Wall StreetAsian equities have moved into a position few anticipated. The MSCI Asia Pacific Index has risen 22%, outpacing the S&P 500 by about eight percentage points. Asia trades at around 16 times forward earnings, compared with the S&P 500 at 23. Fidelity Asian Values Plc (LON:FAS) provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.