Flows vs friction: Post-pandemic Asia will see a boom in long-term equity markets
Flows vs friction: Post-pandemic Asia will see a boom in long-term equity markets Opportunities and metrics better than the West Paras Anand of Fidelity International Paras Anand For decades, US stock exchanges have been taking centre stage in global equity offerings, thanks largely to the dollar hegemony and the US's strong economic leadership. But a potential paradigm shift is brewing, with global funds gravitating towards Asian issuers that promise greater growth potentials. The world's largest initial public offering so far this year has landed in Hong Kong. Related articles A structural ...