Domestic consumer stocks in Asia attract: fund firms sees a trend in local issues as vacuum creates opportunities
Article Abstract:
The uncertainty surrounding the future of Asian economies has made most fund managers reluctant to abandon export companies for firms that sell to local consumers. However, Singapore-based fund management firm Arisaig Partners (Asia) has countered this trend by investing in several firms that have little debt, sufficient cash flow and effective management. Among these are the Philippines' Alaska Milk and Singapore's Informatics Holdings.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Investors become choosy as Thailand bites the bullet
Article Abstract:
Financial analysts expect the value of stocks in Thailand to decline as a result of the government's decision to float the baht against other currencies. Other economic policies, however, such as the establishment of a foreign credit line, should mitigate that decline. Larger companies and those companies that have already seen their stocks decline are expected to provide the safest investments.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Sign of volatile times
Article Abstract:
Asia's fund houses are introducing funds that guarantee full repayment to investors who keep their money invested for the life of the funds. It is anticipated that Asia's cautious bank depositors will be receptive of the assurance that investors will get their money back.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Thirst for overseas stocks grows. Asians snub rally as foreigners pour money into local stocks. 'Frontier' stocks keep investors guessing
- Abstracts: Home Depot posts slight increase in quarterly profit. Home Depot issues earnings warning for fourth quarter. Home Depot says it will fall short of profit estimates
- Abstracts: Petronas may buy controlling stakes in auto maker: Proton-EON transaction would fuel the debate on Kuala Lumpur's rescues of big companies
- Abstracts: Coca-Cola warns of slower growth in case volume. Coca-Cola predicts 4% sales gain despite hurdles. Coca-Cola profit warning dashes hopes
- Abstracts: Royal & Sun profit rises 22%; insurer to review life arm. Legal & General's profit drops. CGNU's profit rises 1.6%, weather claims cloud future