Seeking income in Asia Pacific real assets
Asia Pacific real assets have proven over the long term that it is capable of providing a yield premium to regional equity markets and bonds globally. This characteristic is underpinned by the typically long-term, nondiscretionary nature of the services. Often, these companies also boast monopolistic market positioning which have pre-determined, regulated rates of return.
The Bottom Line
CHART: Asia Pacific Real Assets offer a relatively higher yield when compared to equities and bonds. Data as at 31 March 2020.
Source: Bloomberg, as of 31 March 2020.Asia ex Japan REITs: FTSE EPRA/NAREIT Asia ex Japan REITs Index; Asia Pacific ex JP Utilities: MSCI AC AP Excluding Japan Utilities Index; Asia Pacific ex JP Infrastructure: MSCI AC Asia ex Japan Infrastructure Index; Asia Pacific ex JP Equity: MSCI AC Asia Pacific Excluding Japan Index; World Equity: MSCI World Index; US Equity: S&P 500 Index; US Corporate Bond: Bloomberg Barclays US Corporate Bond Index; Global Bond: Bloomberg Barclays Global-Aggregate Total Return Index; Global Treasury: Bloomberg Barclays Global Aggregate Treasuries Total Return Index.
Source: Legg Mason and Martin Currie. Data as at 31 March 2020 unless otherwise stated.
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