Tag : asean

The Asean Economic Community will benefit the region, provided countries stop looking over their shoulders and continue to talk, say delegates at a Julius Baer conference in Bali.

The recent falls in Asean stock markets have created a tremendous buying opportunity, says investment director Abdul Jalil Rasheed, but further falls could be coming.

Fidelity sees North Asia’s dominance as based on valuations, while Crédit Agricole favours Asean from an FX appreciation perspective – but fears a currency war has already started.

The first to join will be Abdul Jalil Rasheed, who is leaving Aberdeen Asset Management Malaysia to run Invesco's Asean equity fund.

Cross-border trading in ETFs, Reits and sukuk will soon be possible on the Asean Trading Link as exchanges strive to improve foreign investors' access to a broader product range.

The asset manager wants to add sales staff in Singapore and is readying its China Consumer Fund for the retail market there.

Indonesia, Malaysia, Singapore and Thailand are working on harmonising regulations for an 'Asean Ucits' scheme, initially for ETFs, says Pravej Ongartsittigul of Thailand’s SEC.

Baring Asset Management has converted a Pacific Fund launched in 1978 into a portfolio that invests mainly in the core Asean markets of Singapore, Malaysia, Indonesia, Thailand and the Philippines.

Citigroup conference plays facilitator to a proposal to set up a workshop for Asean stock exchanges.