Investing.com-- A BofA survey showed investors expected steady, albeit limited returns from Asian equities outside Japan in the next 12 months, amid growing hopes over a Chinese economic turnaround and stronger earnings.
The shifting expectations come as Chinese equities staged a stellar recovery from multi-year lows hit in February. Beijing was also seen rolling out a slew of supportive measures for local stocks and the property market, which has been a key point of contention for the economy. Among regional markets, Taiwan and India were the top picks, although fund managers appeared to be cooling towards India since March.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »