Investors are advised by asset manager to short KRW against USD as a proxy hedge amid geopolitical risk in peninsula; emerging markets remain outperformed in equities
Taiwan News
Date: 2017/11/08
By: Sophia Yang, Taiwan News, Staff Reporter
TAIPEI (Taiwan News) – UK-based Schroders Investment Management published a
(Image courtesy of Alex Lin/flickr)
report on Wednesday to reveal its 2018 outlook, predicting global GDP to grow by 3 percent and a “synchronous global growth” for the first time.
Patrick Brenner, head for multi-asset investments in Asia, said in Taipei on Wednesday that improving earnings and fundamentals in Europe, the United States, Japan and other emerging markets will create a good picture for the year ahead, with global equities to deliver positive returns.
In Wednesday’s report, Europe equities are expected to outperform the U.S.’s given its low base year and improved earnings per share, while emerging markets are said to take the lead in equities thanks to their attractive valuations as well as the trend of a stable or weak U.S. dollar. [FULL STORY]
