Quality Asian stocks may underperform, says BlackRock
Trends of quality stocks doing well and value stocks underperforming could reverse
Singapore
IN the years since the global financial crisis, investors have piled into so-called "quality" Asian stocks - dominant companies with stable earnings and pricing power.
These companies have done well in an uncertain macroeconomic environment, even as "value" stocks - companies trading at low earnings multiples or at big discounts to their book values - have underperformed.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
RBA to keep key rate at 12-year high as inflation stirs anew
Buffett praised Apple after trimming it, drops Paramount stake
Westpac net profit falls 16%, announces additional A$1 billion buyback
Worst days for China’s stock market may be over
Emerging-market optimism dashed by Fed as currencies, bonds sink
LHN warns H1 2024 net profit could decline by 28.6%