Emerging-market equities still have room to rise, but EM bonds face potential problems that could scupper their rally, says Tai Hui, the fund house’s chief market strategist for Asia.
Market opinion over the timing of tapering is divided, but even expectations of it are expected to divide better-placed North Asian markets from their South and Southeast Asian counterparts.
The firm appoints Tai Hui from StanChart in a client-facing role as chief Asia-Pacific strategist for its funds business. His team may look to cover more alternative strategies.