Predominately driven by equity buyback activity, Asian stocks are set to attract capital flowing out of US equities in the second half of 2019, according to Nomura Bank. Jim McCafferty, joint-head of APAC equity research at the Japanese bank, said in a media briefing on Wednesday that strong buyback activities and robust earnings results have bolstered the US equity market…
Nomura Bank expects capital to shift from US to Asia stocks in 2H19
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