Amid a wider global backdrop of secular headwinds in the form of low inflation, low interest rates and low economic growth, JPMorgan Asset Management is maintaining the view that quality Asian growth stocks, this year, will help bring returns for investors willing to stay. So-called “growth stocks” dangle prospects of capital appreciation that comes with future growth; they differ from “value stocks”, which attract bargain-hunting investors looking for a perceived undervalued asset to own.
SINGAPORE (Feb 7): In recent weeks, normal activities in Asia came to a standstill and borders were closed as governments fight to stop the spread of the coronavirus first reported in China.
More than 28,000 people have been infected and the virus has claimed over 500 lives. Markets, naturally, have been roiled. China’s economy, already slowing down in the last couple of years because of the trade war, will show ugly first-quarter numbers. Investment can recover down the road but consumption will be foregone permanently.
