Western monetary tightening could benefit Asia assets

Tightening monetary measures in North America and Europe could provide Asian investors with a window of opportunity to buy local and regional assets, due to looser monetary policies in their home countries. In recent weeks, the US Federal Reserve, the European Central Bank, and the Bank of England have all revealed a shift in monetary policy towards a gradual tightening, after years of low interest rates and quantitative easing programmes. But Asian central banks are bucking thi…