Reported 8 months ago
Global investment sentiment is high, especially with the stock markets in Japan and India showing promising performance. HanAsia Investments believes that despite the recent gains in these markets, positive factors are still playing out which could lead to further upside potential. They recommend positioning in Japanese and Indian stock funds to capitalize on future market trends. HanAsia Investments recently held their 2024 HanAsia Investment Summit with a theme focusing on deepening investments for a more promising future. They highlight the strong growth in AI topics, the semiconductor industry's revenue surge, and the emergence of another golden decade in the markets. HanAsia is optimistic about the future prospects of both Indian and Japanese stock markets, with a particular emphasis on Indian growth supported by population advantages, policies, and manufacturing developments. HanAsia's Japan Dynamic Stock Fund manager, Ivailo Dikov, sees several factors supporting the continued upward momentum of Japanese stocks, such as attractive valuations for contrarian investors, ongoing corporate financial restructuring, the end of deflationary trends, and robust corporate capital expenditures. The fund is strategically increasing holdings in commodities, Japanese domestic demand, and industrial sectors to provide investors with relatively inexpensive yet growth-oriented stocks. The India fund manager, Lin Ting-Zhang, points out the visible economic growth in India with changing consumer habits, increasing sales of high-end consumer goods, and positive trends in employment, wage growth, and consumer confidence. The fund focuses on the strong domestic demand momentum in India with a preference for cyclically sensitive consumer, financial, and information technology sectors, leaning towards large-cap and market-leading stocks for excess returns. This fund is the first domestic Indian stock fund in Taiwan, established in 2005, and has surpassed NT$15 billion in size as of the end of May, making it the largest domestic Indian stock fund in Taiwan.
Source: YAHOO