Investment opportunities abound in Asia, insiders say

06/22/2010 | MarketWatch

Foreign investors poured money into Asia in the first five months of 2010, then pulled back. Some insiders said this is the time to invest in specific Asian markets and sectors before the next tsunami of foreign money comes pouring in. "We should take advantage of this 'correction' while it lasts," said Taizo Ishida, lead manager of the Matthews Asia Pacific Fund. Asia "still offers the best investment opportunity for long-term investors. For countries and sectors, we like Japan and selected [Association of Southeast Asian Nations] countries, including India. Indonesia offers a long-term domestic growth story".

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