Analysts make sense of markets
Predicting the direction of markets has never been harder than during the past two years of pandemic-fuelled worries and volatility. Asiamoney speaks with the top-rated analysts across markets in Asia to see how they navigated 2021 – and how they are positioning themselves and their clients for 2022.
James Druce, CLSA: best analyst for real estate, Australia
Haiyan Guo, CICC: best analyst for consumer discretionary, China
Pian Pian He, Citic Securities: best analyst for casinos and gaming, Hong Kong
MB Mahesh, Kotak Securities: best analyst for banks, India
Karen Choi, HSBC: best analyst for consumer staples, South Korea
Winson Ng, CGS-CIMB: best analyst for banks, Malaysia
Syed Atif Zafar, Topline Securities: best analyst for financials (non-banking), Pakistan
Joyce Anne Ramos, CLSA: best analyst for consumer staples, Philippines
Derek Tan, DBS Vickers: best analyst for real estate, Singapore
Kenny Chen, Yuanta Securities: best analyst for automobiles and components, Taiwan
Sasikarn Udomvej, DBS Vickers: best analyst for healthcare, Thailand
Nga Nguyen, SSI Securities Corp: best analyst for agriculture, Vietnam
James Druce, CLSA
Best analyst for real estate, Australia
Australia’s government tends to take a no-nonsense approach when dealing with macro problems.
During the pandemic, for example, entering the country was tightly controlled. In the face of Covid-19 woes, the government provided “extraordinary monetary assistance,” says James Druce, CLSA’s head of Australian real estate research.
The Reserve Bank of Australia had put in place a A$350 billion ($249 billion) quantitative easing programme in 2020.