Salient to Investors: Angus Gluskie at White Funds Mgmt said people are alert to some of the risks in China and some emerging economies, but very few people are concluding that it is going to run away too far. 51 percent of the 195 MSCI Asia Pacific Index companies reporting
READ MORE... →Salient to Investors: Steve Ashley at Nomura said: The worst is over for Asian emerging markets but individual countries could continue to suffer significant challenges. It is very positive for the next 5 to 10 years as the amount of investments by funds in these countries catch up with the
READ MORE... →Salient to Investors: Investors pulled $2.2 billion from Thailand, Indonesia and the Philippines in August, versus inflows of $6.8 billion in 2012. Wellian Wiranto at Barclays said Singapore is a barometer for Southeast Asia; choppiness elsewhere cause ripples in Singapore. Khiem Do at Baring Asset Mgmt said Singapore’s stock market benefited from loose
READ MORE... →Salient to Investors: Mohamed El-Erian at Pimco said: Weakening emerging-market growth and spiraling currencies risk creating headwinds for a recovering US economy. Longer-term, we should care due to the feedback loop to the US. We will see a tightening of financial conditions to markets, with growth more challenged and the ability of
READ MORE... →Salient to Investors: Marc Faber at the Gloom Boom & Doom Report says: High-end assets from stocks to art to real estate are in a bubble caused by central bank money-printing. This money doesn’t increase economic activity and asset prices in concert, instead creates dangerous excesses in countries and asset
READ MORE... →Salient to Investors: Michael Kurtz at Nomura said resilient US private demand, plus stronger-than-expected jobs data should help risk appetite, so remains positive on regional equities. Read the full article at http://www.bloomberg.com/news/2013-05-06/asian-stocks-outside-japan-rise-on-u-s-jobs-growth.html Click here to receive free and immediate email alerts of the latest forecasts.
READ MORE... →Salient to Investors: Nader Naeimi at AMP Capital Investors said China is heading toward slower growth than in the past decade, which means less demand for commodities, and has reduced equity exposure in the short-term. Naeimi says the market needs to correct at least 10 percent. The MSCI Asia Pacific Index is at
READ MORE... →Salient to Investors: Jesper Madsen at Matthews Intl Capital Mgmt said global investors have been seeking dividend-payers to the point where some areas of the market are overvalued, while more cyclical businesses are selling at significant discount. Madsen said Asia is a very fertile environment for yield, as well as being one of
READ MORE... →Salient to Investors: Grace Tam at JPMorgan Asset Mgmt said nobody knows what will happen next, but Cyprus is something we have already seen happening in Europe, so are not concerned. The MSCI Asia Pacific Index is at 14.9 times estimated earnings versus 14.1 for the S&P 500 and 12.7 for the Stoxx
READ MORE... →Salient to Investors: Tim Schroeders at Pengana Capital said US housing is pretty good and is providing a huge catalyst to consumers via the wealth effect, so the buy-on-dips strategy is in play and we’re definitely pricing in a lot more good news in equities. The MSCI Asia Pacific Index is at 14.7 times
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