Global funds invest in SE Asia's bonds and equities, drawn by potential rate cuts and attractive valuations amid trade tensions with China.
Global funds are increasingly investing in South-East Asia, attracted by potential interest rate cuts and appealing asset valuations. Money managers have boosted their holdings in sovereign bonds and equities in Thailand, Indonesia, and Malaysia, leading to strong currency performance. Central banks in the region are poised for rate cuts, with historically high real interest rates providing easing room. Additionally, trade frictions with China are making South-East Asia a preferred alternative for manufacturing diversification.
September 15, 2024
55 Articles