Strategy Note /
Global

ASEAN abandoned in the foreign rush to China and India; revisit in 10 charts

  • Negative net foreign flows in ASEAN equities over the last 5 years, even consensus favourite Vietnam evacuated recently

  • In the mass rush to China and India, ASEAN is now merely 5% of MSCI EM and 5% of EM Asia equity trading liquidity

  • ASEAN's population is 40% of India's, its economy is 10% bigger, with comparable per capita growth and cheaper equities

ASEAN abandoned in the foreign rush to China and India; revisit in 10 charts
Hasnain Malik
Hasnain Malik

Strategy & Head of Equity Research

Tellimer Research
7 November 2021
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