Market Views: Will Asian investors choose growth over value in US equities?

Over the last two months, large institutional investors in the US have switched up their equity strategies by purchasing shares in companies with good growth prospects over cheaper value stocks. The sudden trend reversal is reportedly being driven by shifting views on interest rates, inflation and the possibility of an incoming recession. Since the middle of June, the blue-chip S&P 500 index began a recovery from its low point of this year, fueled by fresh bets by investors on…