For a change, the Asian region, and more specifically the Chinese economy, has not been driving increased uncertainty over the global economic landscape.
In Asia, household wealth creation has been a major theme for two decades, particularly in China. We have seen personal wealth grow uninterrupted since the 1997 Asian financial crisis. The rate might have accelerated or decelerated, but we do not see the trend being altered. This growing middle class is an increasingly important driver of business activity in the region, and has been a source of new ideas for the portfolio. For the past two to three years, consumption has supported domestic demand, while investment activity has been grinding lower across many parts of Asia. What ha...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
