Meanwhile, India experienced a challenging year. “India started strongly but suffered setbacks including the Bharatiya Janata Party (BJP) not securing a majority, seeing a cyclical slowdown and excessive equity issuance,” he adds.
As 2025 begins, Asian equities markets are at a crossroads, shaped by a mix of geopolitical uncertainties, technological transitions and evolving economic dynamics. Tom Clough, fund manager for Asian equities at Schroders, believes that while challenges persist, there are compelling opportunities for disciplined investors to generate strong returns.
Reflecting on 2024, Clough notes that Taiwan emerged as a leader in the region for the second year in a row, propelled by investments tied to artificial intelligence (AI) that drove earnings growth.
