Telecoms upside within Asia

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The investment case for the Far East is strengthening on the back of accelerating growth in the regi...

The investment case for the Far East is strengthening on the back of accelerating growth in the region. According to Matthew Dobbs, director of Schroder Investment Management, growth in Asia is forecast to hit 6-7% this year. He said: "The current accounts for the region have also expanded which means Asia is not so dependent on foreign capital flows as it was three years ago. The region does not look cheap but it is not expensive either. "Asia is globally competitive in technology hardware manufacturing. Even if the technology sectors around the world correct, the amount of money comp...

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