Andrew Gillan, Head of Asia ex Japan Equities at Janus Henderson Investors, discusses the reasons behind the recent rally in the region’s equity markets and the potential opportunities for investors over the long term.
- Asian equities have performed strongly so far this year on the back of moderating US rate rise expectations and increased likelihood of a US/China trade tariff deal.
- Macroeconomic conditions are relatively unchanged and growth remains healthy despite some downward revisions.
- Given the strength of the rally, there may be some volatility in the months ahead but the long-term outlook remains positive, with Asian equity valuations attractive relative to developed markets.
Recorded in March 2019.