Asian markets: Carrying some positive momentum into 2017

Is this the beginning of a long-awaited up cycle?

Last November, the Invesco International and Global Growth team reported that in Asia ex-Japan, the building blocks were in place to shore up top-line growth. Our outlook for Earnings, Quality and Valuation (EQV) was cautiously positive. 2016 marked the first time in five years where earnings forecasts did not collapse at year-end, and an upward bias to earnings forecasts has continued into 2017. Is this the beginning of a new earnings growth cycle?

For years, slowing top-line growth in Asia, combined with an inability to raise prices, had driven consistently negative earnings revisions. So far, 2017 is proving to be different. Earnings forecasts are being revised

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Asian markets: Building blocks, stumbling blocks and opportunity

More discriminating Asian markets and improving Japanese valuations warrant investors’ attention

Bates_Brently_150_rgb_greyIn Asia ex-Japan, the building blocks are in place for shoring up top-line growth. And although quality remains the biggest stumbling block in Japan, valuations have been improving. Let’s take a closer look at Asian markets through the Earnings, Quality and Valuation (EQV) lens that the Invesco International and Global Growth team uses to evaluate potential investment opportunities.

Asia ex-Japan: Global growth is key

For the past several years, slowing topline growth in the Asian region — along with an inability to pass along cost pressures — led to

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