Between 2002 and 2011, the study found that the 10-year annual average TSR for conglomerates in SEA came in at 34% in contrast to the rest of the world’s average TSR of 14%.
While conglomerates in Southeast Asia (SEA) have been historically outperforming their global peers in total shareholder returns (TSR), this gap has been eroding, according to a recent EY-Parthenon study.
The study, dated March 21, studied 262 publicly-listed conglomerates around the world, including 36 in SEA.
