Liquidity a boost to Asia

An improving trend in liquidity should enable Asian stock markets to continue their relatively strong performance, delegates at the Investment Week Far East markets forum were told. Speaking at the event held in London on 16 October, Stewart Parks, co-head of Asian Equity at Invesco Perpetual, said: 'If you look at trends, Asia performs well when liquidity moves into the region and badly when it moves out.' Parks defines liquidity as current account surpluses, foreign direct investment, bank and portfolio investment. 'During the Asian crisis in 1997, all these moved out at the same ...