Expectations are high following Prime Minister-elect Kevin Rudd’s pre-election promises to raise super contributions, cut red tape, boost exports for Australian financial services, and turn Australia into a regional financial hub.
Expectations are high following Prime Minister-elect Kevin Rudd’s pre-election promises to raise super contributions, cut red tape, boost exports for Australian financial services, and turn Australia into a regional financial hub.
International institutional investors remain overweight to Asia but have tended to take their profits from emerging markets, according to State Street Global Advisors (SSgA). Lochiel Crafter, chief investment officer for SSgA in Asia Pacific, said Asia, particularly China, Taiwan and Korea, was seen as a long-term growth opportunity.
International institutional investors remain overweight to Asia but have tended to take their profits from emerging markets, according to State Street Global Advisors (SSgA). Lochiel Crafter, chief investment officer for SSgA in Asia Pacific, said Asia, particularly China, Taiwan and Korea, was seen as a long-term growth opportunity.