Asia is hot topic at HK November conference

Asia is moving into a more stable growth period where investors will stand a far better chance of making money over the next three to five years, while Japan still faces tricky times, according to Hugh Young, managing director of Aberdeen Asset Managers Asia. Young said growth in Asia is likely to be about 3%-5%. 'Asia should be relatively immune to the US sell-off as Asia ex-Japan is in a different cycle and at a different stage of its cycle', he said. While coupling with US has not gone for good, he said, Asia is more and more about domestic drivers, so the US is no longer the be all...