2008 INSIGHT: Asia still compelling

But with an expected US and UK slowdown in 2008, can the burgeoning economies such as China and India continue their rapid growth? And what can be made of the other Asian giant Japan? Legg Mason Asia Pacific fund managers Ray Prasad and Curtis Butler believe the fundamentals in the Asian (ex-Japan) region remain sound. The managers welcomed the correction seen in August and November, saying the “healthy pauses” offer second chances to new investors seeking exposure to the asset class. “Our portfolios continue to be tilted in favour of domestic consumption and infrastructure themes over e...