Overweight on Australia, India, Indonesia: Goldman Sachs

We expect total 10 percent returns from MSCI Asia Pacific ex-Japan, driven primarily by recovering earnings, says Timothy Moe of Goldman Sachs.

January 05, 2017 / 08:34 IST

Timothy Moe of Goldman Sachs said, "We expect total 10 percent returns from MSCI Asia Pacific ex-Japan, driven primarily by recovering earnings. Returns may be back-loaded given softer sequential Q1FY17 China growth and India's demonetisation.""Re-flation is a dominant theme in our allocations: overweight Australia, India, Indonesia and Philippines, marketweight on China and a cyclical tilt to sector picks," he added.

first published: Jan 5, 2017 08:34 am

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