Stuart Parks, head of Asian equities at Invesco Perpetual, explains why despite China's strong equity market gains in recent months, investors may be too optimistic on other Asian countries
Over the last six months or so, we have seen a marked improvement in the performance of Asian equity markets, largely due to developments in China. Despite falling economic growth expectations, Chinese equity markets have made strong gains, mainly due to monetary policy easing, targeted stimulus measures and progress on government reform. Monetary easing and economic reform can be seen in a number of other countries, although expectations in India, for example, may have risen too fast. But is this improvement in relative performance sustainable? Stimulating growth In China, a lack...
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