Analysts at Nomura advise Overweight positions in the Industrials and Technology sectors, as they are exposed to an anticipayed pick-up in corporate capital expenditures.
Michael Kurtz and team at Nomura in their “Asia Pacific Strategy Weekly” report dated August 17, 2015, note they prefer North Asian markets over ASEAN.
Nomura Overweight On Japan, Industrials and Technology sectors
Kurtz and team remain “Neutral’ on China, while in Asia-Pacific overall, they are Overweight on Japan. The analysts key overweights remain India and Taiwan.
The following graphs capture the Nomura analysts preferred allocation by country and sector:
While they admit the the China factor does present a non-negligible headwind...
