Rising global trade to lead economic growth

Malaysian equities have outperformed their Asian peers from July to October despite the volatility in the markets, Principal Asset's Chang.

KUALA LUMPUR: The increase in global trade coupled with technology transfer and more investments are expected to lead to greater global economic growth next year, says Principal Asset Management.

Its chief investment officer (CIO) and head of asset allocation Todd Jablonski said the overall pace of economic activities will be based on additional global trade and transactions, a potential reduction in tariff and more foreign direct investments.