With some of
the most compelling long-term economic prospects globally, Southeast
Asia provides for strong growth, lower correlations to developed
markets, diversification, and excess returns in an under-researched and
under-invested sub-region.
Markets of Singapore, Malaysia, Indonesia, Thailand, Philippines,
Vietnam, and Cambodia offer growth and durability as well as diversity
across the development spectrum from highly developed to frontier
economies.
Among the faster growing economies globally, under -pinned by favorable
demographics, sound macro-economic conditions, and strong FDI and FX
reserves.
Increase in average cash traded value and futures traded value over the
last 5 years, critical mass of short inventory, single stock borrow and
OTC index swap capabilities.
Lower
economic
correlation to G7 than most other Asian markets, and
under-researched and under-invested (as reflected in low
market-cap-to-GDP ratios).