Asia remains country specific

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In many regions of the world, national borders are rapidly becoming an irrelevance for fund managers...

In many regions of the world, national borders are rapidly becoming an irrelevance for fund managers chasing top performing stocks. Around the globe, the emphasis is shifting from country analysis to sector analysis - Europe is a prime example of the change taking place. But there is one important region where this sector emphasis is still inappropriate - the Asia Pacific region. Unlike Europe, the Asia Pacific region does not operate as a single market with a single currency. There are no centralised political and economic institutions and, as a result, there is no region-wide economic ...

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