Adding value in Asian equities

Asian equities are a highly attractive long-term allocation -- a chance to own the upside of the region’s structural growth story. Yet Asia also challenges investors with its fragmented nature, often-expensive valuations, and the frequent paradox of a surging economy and sluggish stock market. Simon Rudolph, who manages more than $5 billion of institutional Asia-Pacific equity mandates for Franklin Templeton Investments, stresses that active strategies are required to add value to…