21/09/2023
Market Commentary
[Video] Investment Outlook on Multi Asset in H2 2023
Wednesday 15 May 2019
Market Commentary
The Asia ex Japan equity market clocked in another monthly positive performance in February (MSCI AC Asia ex Japan up 2.09% in USD terms, dividend included), bringing the YTD return to 9.55%. It was the only EM region to advance in February, primarily driven by the Greater China region on reports of substantial progress in the US-China trade deal discussions. The ASEAN countries was the key laggards over the month, all its constituents being in negative territory except Malaysia, being an outlier on the back of positive economic surprises.