Liquidity concerns are negated by opportunities in Asia region

Hamon Investment Group's Hugh Simon said an array of opportunities exists in Asian equities despite ...

Hamon Investment Group's Hugh Simon said an array of opportunities exists in Asian equities despite geopolitical and liquidity concerns in some areas of the market. The manager, who runs Asian money for Mellon believes the risks are countered by undemanding valuations following the recent correction.  Simon has been picking domestic stocks linked to infrastructure and power generation in particular. China is expected to spend $200bn on railways alone between 2007 and 2011, while Vietnam will spend $140bn on infrastructure between 2006 and 2010. He said recent policy changes in the e...