As Asia consists of high-income and emerging economies, new growth drivers such as digitalisation, supply chain realignment, technological innovation, and regional partnerships will play out differently across the region, creating exciting opportunities for investors.
As new drivers emerge, Asia will continue to be the fastest-growing region in the world, providing more significant investment opportunities and diversification for investors. In “New Asia”, as the gap between winners and losers widens, active management and local knowledge will be even more critical.
Asia accounts for half of the world’s population and almost half its GDP. It made up 50% of the global consumer class in 2020 and 55% of global Internet users in 2021. The region is forecast to grow by 5% in 2023, making it the fastest-growing region globally.
