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By Peter Elston, Head of Asia Pacific Strategy and Asset Allocation, Aberdeen Asset Management
Asia is getting plenty of attention, but Aberdeen Asset Management feels it is the speed of its transformation that causes amazement.
Reasons to consider Asia now
- Continued economic growth – Emerging Asia has been an economic engine of the globe and is currently growing at 6.7% for 2012. When comparing Asia’s strong growth record to that of the Eurozone, which has entered into a recession with growth at -0.4%, or the U.S. with growth at 2.7%, one sees how attractive Asia can be.
- Positive long-term outlook – in Aberdeen’s view, Emerging Asian markets are supported by stronger fundamentals than those of developed markets. Debt...
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