Asia - Equity slump generates new opportunities

Following the sharp declines in Asian equities of the past weeks, we believe any further share price corrections would be good for the financial health of the region and create opportunities for investors. The recent market falls were a continuation of a trend that began during the last quarter of 2007. For most of the year, investors injected huge amounts of capital into Asian stockmarkets, despite rising raw material prices and concerns over the trickle-down effect of the sub-prime crisis. As investors sought to take advantage of the region's strong economic fundamentals and long-term...