Share price recovery within Asia is stronger than any other region

Of all regions, Asia ex Japan has seen the strongest recovery in share prices this year. In the 10 months to 31 October 2009, the MSCI AC Asia ex Japan Index has risen 60% in US dollar terms. Investors have re-engaged in the long-term growth drivers in the Asia ex Japan region. As Asian equities have enjoyed a substantial multiple re-rating this year, investors may feel as if an opportunity has been missed. However we are confident that over the coming months the inevitable adjustments that occur in the markets will offer a good opportunity to initiate or top up positions. The immedi...