Philippines would benefit from a “benign strongman”

With the Philippines going to the polls to elect their next president today, fund managers have voiced optimism for what frontrunner Rodrigo Duterte could achieve as president, despite the controversy he has attracted. But they also stress that a success for the Davao City mayor​, in the country's fifth general election since dictator Ferdinand Marcos was deposed, would bring with it risks. Nicknamed 'the Punisher', Duterte has been accused of using 'death squads' to cut the crime…