Money managers see a bright future for Asian markets, where global fluctuations matter less as consumer spending increases
Equity investments in ‘early movers’ like base metals may reap rewards
Recovery should set in by second half of 2009, but money managers are guarded on India, Taiwan and Thailand
Outlook cut for Australia, Hong Kong, Taiwan
But many Asian companies are still in good shape with reduced leverage and strong balance sheets
India, South Korea, Singapore and others have seen a surge in economic activity