Is it too late for Asian equities?

The number-one question being asked by clients and prospects these days is: “Is it too late to own Asian equities?” So says Richard Evans, Edinburgh-based portfolio manager at Martin Currie Investment Management. His response is that he is bullish on a very narrow universe of stocks. Evans runs a portfolio valued at around $300 million of highly concentrated stocks, no more than 50 (and currently fewer than 30). He regards these names as likely outperformers over a five- to10-year hor…