By Richard Muckart, a fund manager at Premier Portfolio Managers It is now some seven years sin...
By Richard Muckart, a fund manager at Premier Portfolio Managers It is now some seven years since the heyday of Asian markets and 12 years since the Japanese market was at almost four times the level that it is today. With the exception of Australia, which made a new high this year, markets remain well below previous peaks. Indeed the steadiness of returns from Australia compares very favourably with all markets, especially on a risk-adjusted basis. The fact that Australia has done well should be of no surprise as it has always been seen as the safe market in difficult times....
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