BlackRock mulls bottom for Asian equities in 2014
Andrew Swan of BlackRock expects either continued low-beta returns or a resurgence from improved economic outlook and reforms. He sees reasons for optimism in China and India.
BlackRock foresees two possible scenarios for Asian equity markets in 2014, one of which could see a bottom for valuations as reforms take hold in the region.
Andrew Swan, the firm’s head of Asian equities, identified the most likely case as a continuation of the low-growth environment with low-beta returns.
At a media briefing to outline BlackRock’s market outlook for next year, he pointed to the potential for structural growth opportunities to outperform, with the caveat that …
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