Three stocks from emerging Asia, a region racing ahead of its rivals

Emerging Asia should be the fastest-growing region in the world this year, says Avo Ora of the Pictet Asian Equities ex-Japan fund. Here, he picks three of his favourite stocks.

Emerging Asia has pulled out of the pandemic faster than many might have expected. Its outperformance relative to developed economies and emerging market peers is due to several factors. Its experience of dealing with past health crises – notably Sars – has allowed it to cope better with Covid-19.

What’s more, the bloc’s anti-crisis economic policies have been prudent and measured, in contrast to the West, where governments and central banks have been forced to take far more extreme measures.

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Avo Ora is manager of the Pictet Asian Equities ex-Japan fund