Asian Markets Offer Growth in 2018 for Stock Pickers

Rathbones' Ed Smith says there are opportunities for profit in Asia - but investors have to be selective

Rathbones 5 January, 2018 | 11:41AM

Shanghai, China

Emerging markets threw a ‘taper tantrum’ in 2013 when the US Federal Reserve hinted at gradually reducing its quantitative easing programme. Bond yields increased dramatically and equities suffered as global investors lost their appetite for risk and began to withdraw their money.

Yet over the past year, emerging markets have been relatively unfazed as the Fed has raised interest rates, or by the increasing likelihood that it will continue to do so in 2018. In part this is because most emerging economies’ trade balances are in better shape today.

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Rathbones  provides investment management services for individuals, charities and professional advisers

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