The global asset manager, which is part of the Prudential group, anticipates that this gap will continue to narrow given government efforts around the region to introduce new programmes geared at increasing profitability.
Following Japan’s recent success in implementing corporate reforms to improve equity markets in 2023, Eastsprings Investments held a webinar for experts to discuss their insights on the potential re-rating of the Asian equity markets.
“Asian equities are currently trading at a 50% discount to global equities on a price-to-book basis,” says Eastspring Investments.
