japanese fund investor

Japanese fund investors favour ASEAN as China, India slow

Cash-rich Japanese retail investors are steadily diversifying their emerging-markets exposure to ASEAN nations from hot favourites China and India as the world’s fastest-growing major economies moderate.

Armed with roughly $15 trillion in personal assets, they are pouring money into funds with flexibility to invest across global emerging markets, Indonesia and other ASEAN (Association of Southeast Asian Nations) countries, given the region’s solid long-term growth prospects.