Mobius still bullish on Asian stocks

While the yen has strengthened this year, it's still 11% below an August peak

Asian equities have overcome uneven earnings, a resilient yen and Donald Trump to outpace global markets this year, and top investors including Mark Mobius say the rally has only just begun.

For Mobius, it’s the lure of the region’s rising middle class, while lower valuations keep Alan Richardson at Samsung Asset Management Co bullish on a market that has more than three times the gains of the Stoxx Europe 600 Index this year and is also outpacing the record-setting S&P 500 Index. Mobius even has a plan for avoiding the fallout from any protectionist trade measures levelled at Asian nations