Clive McDonnell, head of emerging-markets equity strategy, Standard Chartered Bank recommends investors to look at sectors such as the consumer discretionary space, telecom space and also selective energy names.
Since early last year they have preferred the developed markets over emerging markets and with the recent events in terms of time table for Fed tapering has reinforced that view, says Clive McDonnell.
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, says Chris Wood of CLSA.
Clive McDonnell, Head - Equity Strategy of BNP Paribas says that he expects the dollar to strengthen in 2011 and therefore, sees limited FII flows, given the stronger dollar.