Valuations of Asian equities hit a 16-month low at the end of September, as concerns over an economic slowdown in China and growing expectations of monetary policy tightening by major central banks dragged down equity markets.
Graphic: Valuation of Asia-Pacific equities - https://fingfx.thomsonreuters.com/gfx/mkt/mypmnozelvr/Valuationper cent20ofper cent20Asia-Pacificper cent20equities.jpg Graphic: MSCI Asia-Pacific index's estimates change - https://fingfx.thomsonreuters.com/gfx/mkt/egpbkyrdqvq/MSCIper cent20Asia-Pacificper cent20index'sper cent20estimatesper cent20change.jpg
However, Andrew Gillan, head of Asia ex Japan equities at Janus Henderson Investors, said Asian equities look relatively attractive compared to developed equities after the third-quarter weakness.