OMGI's Crabb: Investors have not missed Asian rally

'Still fair way to go'

Josh Crabb, head of Asian equities at Old Mutual Global Investors (OMGI), has highlighted several factors set to power the next leg of the Asian market rally.

The MSCI Asia Pacific ex Japan index has returned 20% over one year to 31 March and 8.7% year-to-date, leading many investors to remain underweight the region on the view they have missed the rally. "Asia has been in everyone's bad books," Crabb (pictured) said. "It is still underowned and most people are waiting for the dip to come. They worry they have missed the rally now, but there is still a fair way to go." Speaking at the OMGI Global Markets Forum, Crabb, who joined the group in October 2014 from BlackRock, said drivers include successful reform agendas in some countries and an...