Financial markets run on narratives. Invest IN ASEAN and overweight ASEAN stock markets is increasingly becoming “mainstream” among larger banks with marketing & distribution capabilities.
The Association of Southeast Asian Nations (ASEAN) is a fast growing economic and political union and trade bloc of 10 member states: Brunei, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.
ASEAN’s market of more than 600 million people is 9% of the world’s total population. Combined income per capita in the region for the past 6 years has been rising and reached an average of US$3,600 as of 2011. Singapore has the highest GDP per capita at over US$50,000 followed by Brunei at US$39,000.
Varying economies, dynamic governments, diverse markets, colourful cultures. ASEAN presents opportunities in different sectors for small and large investors. Integrated and connected. As ASEAN economies further integrate, limitless opportunities are created, relations with global economies are strengthened, people and investors benefit. Proven resiliency.
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