Outlook for Asian Equities |
Eng Teck Tan, CFA, TAAM Asia Pacific Investments | 09 February 2012
2011 was a disappointing year for equity markets in Asia ex-Japan, recording negative returns and underperforming the developed market peers. Several factors contributed to the underperformance. As in 2008 (although to a lesser extent), Asian equity markets suffered from significant redemptions and outflow pressures in 2011. Confidence was also dented due to the European crisis. Asian economies depend on Europe for 20% of their exports. However, it was the inflation... |
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