Market views: Is the US equity bull market ending?

Valuations and uncertainties over economic profit drivers are undermining the appeal of US equities in the near term. Sluggish consumer spending and a strong dollar are adding to the bearish sentiment.

Even though US share valuations are stretched and Asian stock markets are on a roll, Asian institutions are still reluctant to stop overweighting Wall Street in favour of Asia.

A senior fund manager's departure will herald increased responsibility for the Asian equities team led by Ng Soo Nam.

The Indian insurer aims to be highly selective this year in its equity investments given the muted earnings growth outlook, but retains faith in the long-term prospects of the asset class.