GTAsia Top 10 Stocks delivers eye-opening returns in falling markets
Asia EM has been clobbered over the past 30 months, down -35% since the mid-Feb 2021 high. Crystal Shore Dashboards (CSD) launched their GTAsia Top 10 Stocks on 14th Feb 2022, right in the middle of this meltdown and have generated a positive return: +10% vs. MSCI EM Asia at -21%. CSD achieved this result by systematically ranking 960 EM Asia stocks on a weekly basis. They then ran a macro overlay on these quintile rankings using their Asia country risk scores. Their top 3 performing stocks today: Aurobindo Pharma (+40% since purchase), Gail India (+14%) and Indian Railway Catering & Tourism (+13%).
Edition: 169
- 15 September, 2023