AsianInvesterAsianInvester
Advertisement

Korean won looks set to outperform

Standish, one of BNY Mellon's boutique asset managers, also sees significant upside in other non-Chinese Asian currencies.
Korean won looks set to outperform
Asian central banks look set to let their currencies strengthen following China's June 19 announcement that it will depeg the renminbi from the US dollar. But that move is not the only reason why non-Chinese units are attractive, says Alexander Kozhemiakin, Boston-based director of emerging-market strategies at asset manager Standish. Meanwhile, New York-based financial services group BNY Mellon -- of which Standish is a subsidiary firm -- expects to have hired its first Asia-based a…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.
Advertisement