Buying opportunity in Asian markets for contrarians, says NUS professor

Joseph Cherian, practice professor of finance and director, Centre for Asset Management Research & Investments (CAMRI) at National University of Singapore School of Business.

KUALA LUMPUR: The current gross overvaluation of US markets and the corresponding dumping of Asian stocks provides a buying opportunity in this region, says a National University of Singapore (NUS) professor who has wide experience in asset management.

Prof Joseph Cherian, practice professor of finance and director, Centre for Asset Management Research & Investments (CAMRI) at the NUS Business School expects a reversal back to the emerging markets (EM) in general, and Asia in particular, at some point.