Asia investors reducing weightings in Australia

While Far Eastern economies are thriving in the current market, investors in the region have reallocated their investment to areas supported by strong domestic demand, such as South Korea and China. As a result, they are reducing their exposure to the Australian economy, which has tended to move in line with the US. Growth in New Zealand, on the other hand, has not stalled and the outlook remains positive. Since the 1997 and 1998 Asian crisis, investment in Australia has provided less risky exposure to the Australasian region. However, as the Asian economies flourish on rising dome...