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Asia's turn to drive the bulls

Money that flowed into Europe is seeking a new home in Asia, which could be poised for a renaissance.

If either India or Indonesia start to power ahead under new leadership, it would be immensely positive, not just for those countries and for Asia, but for the world as a whole. Narendra Modi of India and Joko Widodo or "Jokowi" of Indonesia (above) - promise a breath of political fresh air as neither leader is from the established political elite families that have ruled those countries for decades.

FOR a long time, developed market equities led the equity market bull run. The US market led the way first, driven by the clear recovery in its economy, with strong job creation, the benefits of increasing energy independence and the perception that the US dollar should be strong. Then European...

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