Asia Pacific Equities

“NEW” Asia

Increasingly driven by internal trade and accelerating industrial and social development, Asia Pacific (ex Japan) has developed beyond a simple export-led model into a fast growing, resilient economic region. It offers a number of key benefits to investors:

• Above-average growth – The Asian economies show strong growth levels when compared to the more developed western economies
• Diversity – The individual markets within the region are driven by local market and stock specific factors and display low levels of correlation. Investment in Asia Pacific (ex Japan) therefore acts as a good portfolio diversifier
• Expected economic growth – With high earnings generating strong market performance over the past decade, market valuations for the region have narrowed against western markets. However, current P/E ratios suggest that the region is not expensive considering the expected economic growth

How to succeed in Asia

As the drivers of stock returns are highly localised, successful investing in Asia relies heavily on understanding the factors affecting the individual regional markets. In this respect, few companies can match the strength and capability of Fidelity's resources. We can draw on over two decades of local experience and have developed a large, diverse and experienced investment team.

Fidelity has offices based throughout the region in locations such as Hong Kong, Australia, Korea, India and Singapore. Importantly, our local investment professionals benefit from an integrated global research structure, enabling them to combine their extensive local knowledge with worldwide resources. As a result, our evaluation of Asian companies is highly effective.