Lena Tsymbaluk, investment research analyst at Morningstar OBSR, examines some of the top performers in the Asia Pacific ex-Japan sector.
Asian equity markets started 2011 in an optimistic mood, supported by the perceived global economic recovery. However, the sovereign debt crisis in Europe began to escalate and intervention from politicians and central banks was needed to alleviate investors' worst fears. China and India, which had been able to continue growing at a strong pace since 2008, began facing inflationary pressures that required their respective central banks to introduce interest rate rises. The tightening policies and subsequent slowing growth led to concerns over whether a "soft landing" was achievable. F...
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