Philippine peso notes. The central bank of the Philippines has raised rates by 175 basis points over the past year. Photo: Bloomberg Philippine peso notes. The central bank of the Philippines has raised rates by 175 basis points over the past year. Photo: Bloomberg
Philippine peso notes. The central bank of the Philippines has raised rates by 175 basis points over the past year. Photo: Bloomberg
Aidan Yao
Opinion

Opinion

Macroscope by Aidan Yao

Asian economies didn’t do too badly in 2018, and Asian assets may be a good bet in 2019

  • Aidan Yao says the fundamentals of Asian economies are more solid than the market thinks. Although Asian central banks are likely to be cautious next year, Asian assets are more attractive now than they were 12 months ago

Philippine peso notes. The central bank of the Philippines has raised rates by 175 basis points over the past year. Photo: Bloomberg Philippine peso notes. The central bank of the Philippines has raised rates by 175 basis points over the past year. Photo: Bloomberg
Philippine peso notes. The central bank of the Philippines has raised rates by 175 basis points over the past year. Photo: Bloomberg
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Aidan Yao

Aidan Yao

Aidan Yao is senior emerging Asia economist at AXA Investment Managers. Prior to joining AXA IM, he was a senior financial market analyst at the Hong Kong Monetary Authority for two years. He started his career at the Reserve Bank of New Zealand in 2007, serving as an economist and later senior financial market analyst until late 2011. He holds a master degree in finance (2006) and a bachelor degree in economics and finance (2005) from the University of Otago (NZ). He is also a chartered financial analyst.