This year Asian markets have been on an upward climb, as the market has brushed aside Thailand's coup and the kindling of a financial crisis in China. Can this optimism be sustained? Paul Hilsley from L&GI explores.
Asia’s underperformance last year was largely on the expectation that tapering of quantitative easing (QE) and increases in US interest rates would lead to the downfall of the region’s equity markets. Having benefited from the overflow of QE liquidity, it was assumed that its reversal would undermine Asian growth and lead to a major capital withdrawal – with the race for yield being run much closer to home. Asian markets on the up Year-to-date, however, Asian markets have staged at least a partial recovery. Despite the first half continuing to provide some challenging economic...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes