India and China's valuations are relatively expensive in historical terms. Their economic growth is unlikely to be as fast as it has been in the past decade, estimates show. "When political risks ease up, that's when you want to make an entry, given their solid fundamentals and high yield. Both exceed India's equivalent rate of about 7.3 percent, which is the highest among Asian nations covered by the analysis. "Asian countries do look relatively expensive as they have been bought amid strong fundamentals in the region," Yokouchi said.

Source: Economic Times January 22, 2018 09:33 UTC