J.P. Morgan Asset Management
Still, improving macro fundamentals, such as positive demographic trends, could rapidly reduce the importance of exports, notwithstanding horizon risks that include geopolitical tensions, populism and a hawkish Fed that could trigger outflows.
The complex but material shifts and drivers in ASEAN’s economic, political and demographic spheres over the longer term will lead to a dispersion of winners and losers, especially if nations are forced to choose sides in the event of a trade war. Buying the broad market passively will be an increasingly unintelligible decision and active managers that are able to capitalise on inefficiencies in the regional market stand to gain, especially during periods of pronounced volatility.
This year, gatekeepers selected J.P. Morgan Asset Management as the go-to shop for the asset class in a near-unanimous decision, due in no small part to its seasoned team of ASEAN country specialists and the firm’s rigorous bottom-up stock selection and topdown allocation model, leveraging from the full spectrum of its capabilities. J.P. Morgan Asset Management is this year’s Best Fund Provider – ASEAN Equity.