Research & Strategy Insights Asia’s exports have witnessed rapid expansion over the past decades. Its share in world exports went from below 5% to the current 23%, second only to the Eurozone. Asia’s trade is not only important in a
Regional growth has slowed in recent quarters, … After reaching cyclical highs of 6.4% yoy in H1-2018, regional growth in Asia ex Japan slowed materially in H2-2018. Our GDP-weighted regional growth tracker slowed to 6.0% yoy in Q3-2018 and to
The Southeast Asia economy has enjoyed a solid run in the last two years with GDP growth of 5.2% in 2017 and 2018. This followed a 4.6% average annual pace in the three years to 2016 and was just a
Recovery, Rebalancing and Rotation Last year was one that many investors in Asian bonds might like to forget. The Bloomberg JPMorgan Asia Dollar Index was 4% weaker, the benchmark J.P. Morgan Asia Credit Index (JACI) was down 0.77% overall, and
Regional view – Asia Externally, China is facing profound changes and serious challenges with regard to global trade and international relations.
Regional view – Asia In 2019, we expect export growth to slow – in line with slower global economic activity – which should cut Asia's GDP growth by 0.4ppt to 5.8%.
Regional view – Asia China and the world’s interests lie in creating an environment in which the country will not be feared as a revisionist power
Regional view – Asia While we would avoid broad exposure, we do see opportunities opening up for select stocks following the recent sell-off.
Regional view – Asia But despite the thick fogs of uncertainty, we believe opportunities are opening up in the region and have initiated an overweight on Asian exJapan equities versus US investment grade debt.
Regional view – Asia In the end, we believe China's economy will be resilient in the longer term given its size and Beijing's determination to upgrade its manufacturing and technology sectors.
Fixed Income Monthly Why investors seeking a stable and attractive source of return within a diversified bond portfolio should head to emerging Asia.
Regional view – Asia If the US's trade campaign has taught Chinese policymakers one thing, it's that they need to speed up their ambition to become completely self-dependent – be it in agriculture or technology fields.
West No Longer Knows Best? David Dowsett shares his thoughts on the mindset shift investors need in order to benefit from the next 30 years of development in emerging markets, with Asia leading the way as the most significant investment
Asia Pacific core real estate discussion series Demand for core real estate in APAC will be supported by broad structural shifts related to secular trends and growing demand for income producing assets.
Investment Insights Asia’s middle class is growing in both size and spending power Companies with strong, trusted brands are well-placed to expand into these growing markets Innovative digital strategies boost the potential for further growth into lower tier cities
Regional view – Asia So, with history seemingly repeating itself, China might want to consider Japan's experience in its poker game with the US.
The big picture The epicenter of global growth is shifting towards APAC. With fundamentals taking over as the key driver of performance, Asia's growth premium is likely to underpin the region's outperformance in real estate.
Regional view – Asia Since the prospect of a US-China truce remains low at this point, we continue to urge investors to hedge their CNY exposure over the next 12 months.
Regional view – Asia With tensions between the two sides likely eroding the confidence of consumers and entrepreneurs, investors should brace for greater market volatility ahead.
Regional view – Asia Fundamentals are far more important over the medium to longer term, although political uncertainty, combined with weaker economic conditions, tends to command a larger risk premium.
Investment Monthly There has been a clear loss of economic growth momentum in EM countries this year. However, the deterioration has not been uniform across the EM space. Consequently, we now prefer to fulfil our EM equity exposure in Asia,
Regional view – Asia Three issues in particular stand out as likely deterrents to the return of foreign investors: the proposed VAT hike in October 2019, changes to Japan's constitution and the country's trade ties with the US.
Regional view – Asia So, while earnings have been robust and valuations are affordable, we expect Indonesia's equity market to remain range-bound in the near term.
Regional view – Asia While the Sino-US trade conflict will continue to dominate headlines in the coming months, investors should keep an eye out for any changes or updates to the new insurance law and taxes.
An opinion about change | Demographics Small living appears to be making a big splash, but the growing interest in micro apartments and co-living is not just a matter of taste – broader structural forces are changing the way we
