Taiwan and Thailand will storm ahead of other Far Eastern markets as sentiment towards the US improv...
Taiwan and Thailand will storm ahead of other Far Eastern markets as sentiment towards the US improves, according to Richard Scott, fund manager of Exeter Pacific Growth. He says: 'Far Eastern markets have become very cheap and valuations are close to levels seen during US recessions in 1975 and 1982. The global slowdown has undermined the region, but we believe the markets have now fallen a bit too far.' Ian Wells, investment manager Pacific equities at Aegon Asset Management, says: 'Which countries you think will outperform really depends on your time horizon. We are cautious at the ...
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