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Aberdeen Standard ready to buy Asia stocks on dip regardless of US results

Be it a win by President Donald Trump or Joe Biden, Asia markets are supported by positive fundamentals, Asia equities fund manager said

US election
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Livia Yap & Moxy Ying | Bloomberg
James Thom at Aberdeen Standard Investments is ready to buy the dip in Asian stocks regardless of who wins the US election.

The mantra for the Asia equities fund manager who helps run a $2.2 billion fund is to take advantage of any sell-offs from the bets placed on the vote outcome, as he focuses on medium-term factors such as the Covid-19 outbreak and Fed­eral Reserve’s monetary policy. Be it a win by President Donald Trump or Joe Biden, Asia markets are supported by positive fundamentals, he said.

“There’s a more domestic Asia-centric story here that’s to a large extent kind of

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