Economic uncertainty provides fertile ground for stock pickers

Economic uncertainty provides fertile ground for stock pickers with many Asian companies looking to grow their earnings. Invesco’s Head of Asian Equities Stuart Parks talks opportunities and challenges in his outlook for Asia in 2017.

Feb 9, 2017 | Stuart Parks

2016 has been another ‘muddle through’ year. There have been positives such as China’s economic growth surprising on the upside, lack of acknowledged problems in the Chinese banking sector and the reform agenda accelerating in India and Indonesia. However, there have also been negatives. For example, China’s growth has been debt-funded, growth elsewhere has been disappointing, and political developments — both globally and in the Philippines, Malaysia, Thailand and South Korea — have unsettled markets.