Asia should resume outperforming trend: CLSA

Here are experts equity calls for the day on how the markets are expected to trade:

Chris Wood, CLSA: One theme of the new Asia Maxima is that, with growing hopes that China's inflation should peak out this quarter, there are increasing prospects that Asia should resume its outperforming trend. Our view remains that long-term outperformance in global equities will continue to be achieved by overweighting Asia and those multinationals whose revenue streams are geared to emerging markets. Clive McDonnell, BNP Paribas: Post the disaster in Japan, emerging markets have staged a remarkable turnaround. However equity market fundamentals in EMs are inferior to those in developed markets and we continue to forecast that following a Q2 bounce, DMs are likely to resume their trend for outperformance over EMs in H2 CY11.