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Bloomberg
Things will get better for most of Asia’s developed stock markets, according to Quarz Capital Management Ltd.
“All developed Asian countries, especially Japan, Singapore and Australia, have started to stimulate their economies massively,†said Jan Moermann, founder and chief investment officer of the activist fund that holds Asian stocks. “We expect a potential catch up of these markets to happen by the end of the year.â€
As US-China frictions grow, Asian equities are set for their biggest quarterly underperformance relative to global peers since 2015. The MSCI Asia Pacific Index has climbed 13% since the end of March, compared with a 17% advance in a gauge tracking global shares.