Asia on way up says Govett

The near future of Asian markets seems to have brightened as the negative impact of SARS and North Korea appeare to have peaked says investment house Govett. Its chief investment officer Asia Christian Dangerfield says prospects for Asian markets are looking good. "Now that the most immediate impact of SARS and North Korea have been discounted, Asian markets are likely to outperform their global counterparts – barring, of course, any further adverse developments – both on the upside and the downside," Dangerfield says. "Much depends on whether the S&P 500 can get above ...