Research Techniques in Asian Markets

Abstract

The amount of analytical research needed for evaluating Asian equities depends on how developed the market is. Major problems with the data—ranging from selecting a discount rate to unreliable corporate disclosures to limited data—affect an analyst’s ability to research Asian companies. Effective research requires understanding the company and the industry paradigm in which the company operates and using macroanalysis and quantitative studies.This presentation comes from the Advances in Asian Equity Management: Style Investing conference held in Singapore, on October 28-29, 1997.