By Will Main, MBA’s PM for Asia and Emerging Markets
- ‘Fundamentally and geopolitically, India is currently in a relatively strong position. But Indian equities look fully priced with little room for disappointment.
- Meanwhile in China, much of the disappointment with the tepid post-pandemic recovery is reflected in equity valuations.
- On a risk-reward basis China looks enticing and we continue to identify opportunities using our long-term, contrarian approach.’
More here: https://www.maple-brownabbott.com.au/a-high-price-for-a-cheery-consensus