Following a difficult year for Asian markets – the worst since 2013 – Geoff Bazzan, Head of Asia Pacific Equities, says there is a silver lining for the region and he sees reasons to be optimistic about 2022. In this interview with Annette Beacher on ausbiz, Geoff explains that historically when there is a period of underperformance as we have seen, there is normally a ‘decent recovery’.
Geoff discusses regulatory changes in China, opportunity for upside in Thailand, particularly in tourism, and pickup in consumer confidence in Indonesia. He also talks about portfolio performance, as well as the emphasis on being bottom-up stockpickers and having a strong discipline towards valuation, with the portfolio comprised more of the typical cyclical stocks including financials, though the Asian equities team is seeing some opportunities in the tech sector.
Video published under licence from AUSBIZ TV Pty Ltd.