Foreign Funds Flee Asian Equities

The transcript discusses the economic impact of COVID-19 in Asia, highlighting the slow start of vaccinations in Southeast Asia and its effect on economic recovery. It also covers the high bond yields in Asia compared to the US and the benign inflation expectations, which attract bond inflows. The discussion includes specific vaccination rates in countries like Indonesia, the Philippines, Thailand, and Malaysia, and compares them to the global average.

What is one of the main reasons for the economic lag in Southeast Asia compared to the rest of Asia?

• Political instability

• Slow start of vaccinations

• High inflation rates

• Lack of natural resources

Which countries experienced significant equity outflows in the second quarter?

• Indonesia, Malaysia, and Vietnam

• Vietnam, Laos, and Cambodia

• Thailand, Philippines, and Malaysia

• Singapore, Brunei, and Myanmar

What percentage of the population has been vaccinated in Malaysia as mentioned in the transcript?

• 11%

• 15%

• 20%

• 5%

Why are there large bond inflows in Asia?

• Political stability

• Strong currency

• Higher yields compared to other regions

• High inflation rates

What is the yield of US Treasurys compared to those in Asia?

• 1.5%

• 3.3%

• 4.0%

• 2.5%