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Inflation seen to remain subdued in Asia

March 16, 2010  

Julius Baer’s CIO, V. Anantha Nageswaran, has faith in the proactiveness of Asian policymakers to tackle inflation threats. Still, he advises clients to hedge their bets on currency appreciation, commodities and precious metals.

We believe inflation is likely to remain subdued. Most Asian countries are commodity importers, and we hold the view that inflation is already a problem in India and may become one in China, given the rapid rise in money supply...


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 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

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