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Asian stock prices fair to slightly undervalued, says Batterymarch

Asia ex-Japan stocks are currently valued at 13x forward earnings, with an expected growth rate of close to 20%, says Ray Prasad at Batterymarch.
Asian stock prices fair to slightly undervalued, says Batterymarch
Ray Prasad is senior portfolio manager at Batterymarch with primary responsibility for Asian markets, having joined the firm in 1997 as a quantitative analyst. He became a portfolio manager in 2000 and was promoted to senior portfolio manager in 2005. Headquartered in Boston, Batterymarch Financial Management is a quantitative equity asset manager and an affiliate of Legg Mason. As of 30 September, it managed $20.4 billion for institutional and sub-advisory clients worldwide. Foll…
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