Strategy Note /
Philippines

Philippines: Duterte's dynastic drama

  • Duterte will run for Vice-President in May 2022, potentially unifying his voters behind one Presidential candidate

  • But all candidates have similar policies: reform where vested interest allows, balance US and China, confront insecurity

  • Equities attractively valued and FX risk low, but new reforms unlikely until after election and Covid risk to growth

Philippines: Duterte's dynastic drama
Hasnain Malik
Hasnain Malik

Strategy & Head of Equity Research

Tellimer Research
25 August 2021
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