As Fed  bets are repriced, global fund managers look at cheap China
Sun, Apr 28, 2024 10:07 AM

As Fed bets are repriced, global fund managers look at cheap China

A Flip by Avya Verma
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A higher-for-longer interest rate environment is burnishing the credentials of cheap Chinese stocks and driving value investment strategies in Asia. Corporate reforms in Japan and South Korea will support a value thesis, according to JPMorgan Asset Management and AllianzGI. Meanwhile, M&G Investment Management is attracted by near record-low valuations for Chinese stocks.

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