127 days ago • Posted by Charles-Henry Monchau

Emerging market Asia (ex Japan) is very under-owned by global investors

Goldman Sachs: "the broader macro backdrop remains extremely supportive of EM Asia asset exposures, which most tangibly embed a mix of cyclicality, value, commodities and China, all impulses that should remain in favour through the coming months. We think it makes sense to maintain a set of core pro-cyclical EM exposures, including to stronger EM equities and currencies, and tighter high-yield credit spreads, especially in commodity-exposed parts of the market".

Average Allocation to Emerging Asia (ex-Japan) in global mutual funds