The country by country approach

Lower trade barriers and increased globalisation are encouraging sector analysis in most asset class...

Lower trade barriers and increased globalisation are encouraging sector analysis in most asset classes. However, in the Far East, the country in which a company operates is still more important than the sector to which it belongs. This is because there are many fundamental differences between the economic, political and regulatory frameworks of Asian countries. As a result, country-based analysis remains the most appropriate way of selecting stocks. Unlike Europe, the Asia Pacific region does not operate as a single market with a single currency. There are no centralised political and econ...