Isaac Souede, chairman and CEO of the $21 billion
fund-of-funds giant Permal Group, says investors have been
allocating more funds to China, a trend that had taken hold
over the last three to four months in reaction to steadying
fundamentals. The country is widely viewed to be going on a
"soft landing' after decades of rapid economic growth.
With the country's slowing growth, Souede told AsiaHedge in
an interview, China has a better chance of controlling
inflation, which in fact has gone down in recent months, a
development that together with other positive policies from
governments make up the "major themes" for investors
reallocating their assets to China.
Other Asian countries, he said, are located in a different