Firms predict global equities lead

Firms predict global equities lead

New fund from TMB ES, Thanachart ES

Global equities are projected to offer the highest returns among asset classes next year, especially in Asia and China, thanks to a relatively swifter economic recovery, say TMB Eastspring Asset Management (TMB ES) and Thanachart Eastspring Fund Management (Thanachart ES), two subsidiary asset management firms under Eastspring Investment.

Adisorn Sermnchiawong, chief executive of TMB ES, said the company and Thanachart ES plan to launch a new global equity fund focusing on stocks with high potential for growth next year, including those in Asia, China and US technology funds.

Economies in Asia and particularly China are expected to grow next year and have a better economic…