Good morning. The best trades. The biggest risks. The looming elections. And the Fed. Here’s what people are talking about in Asia as 2024 begins.
Asset allocation has rarely been so challenging. The past 12 months saw a plethora of surprises from the fizzling of China’s recovery to volatility sparked by two wars. For 2024 there’s optimism that a Federal Reserve pivot will give financial markets a boost. That has the biggest money managers picking top trades for Asia, from buying Indian and Indonesian stocks to selling Japanese bonds. Some are looking to juice their returns with obscure niche trades, while others may stick to the EV craze that fueled the biggest stock-market gain of 2023.
