EWM - Malaysian Equities Could See A Modest Recovery In 2020
By Edward Pang, Vice President, Franklin Templeton Emerging Markets Equity; Ismar Izhar, Portfolio Manager, Research Analyst, Franklin Templeton Emerging Markets Equity
While 2019 was a positive year for emerging markets overall, Malaysian equities underperformed amid a confluence of macroeconomic and geopolitical factors. However, Franklin Templeton Emerging Market Equity's Edward Pang and Ismar Izhar suggest there could be a mild recovery opportunity for equity investors in 2020, driven by an improving corporate earnings outlook.
A confluence of factors negatively impacted Malaysian equities in 2019. Slower global growth, geopolitical uncertainties, and a range of domestic challenges impacted