Guest post: investors in Asia should look to developed markets

By Andrew Lloyd of Ellis Munro

Asia is often considered a region where investors should focus the “growth” part of their portfolios. One attraction cited is the rise of the middle class and its impact on demand for consumer goods and services, and on the supply chain feeding the system. But a narrow focus on consumer-led growth in Asia overshadows the opportunities to find solid businesses in the region at bargain valuations.