ASEAN

3.0 Stars - Attractive


Macro Outlook

  • ASEAN is expected to see resilient growth compared to other markets.

  • We also expect milder policy headwinds for ASEAN as inflation is relatively more controlled in the region.

What we like about

  • Ongoing reopening and supportive commodities outlook should help the region's growth prospects.
  • Policy headwinds from ASEAN central banks will likely be milder compared to those in other markets.
  • ASEAN can be a resilient expression for Asian equities in your portfolio.
Investment Risk(s)
  • ASEAN is trade-dependent and will be negatively affected by a global growth slowdown.
Source : Bloomberg Finance L.P, iFAST compilations. Data as of Feb 2023.

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