The Schroders global investment report indicates that due to diverging monetary policies of central banks around the world, the high interest rate environment is likely to persist longer than expected, bringing uncertainty for investors. Keiko Kondo, Head of Diversified Assets Investments in the Asia region at Schroders Global Investments, stated that the US monetary policy remains a key driver for Asian markets. Historically, when US interest rates peak or remain stable, Asian stock markets tend to perform well. Compared to developed markets, Asian stock markets are still undervalued and with corporate earnings continuing to grow, Asian stock valuations are expected to catch up. Keiko Kondo predicts strong economic growth in Asia in 2024 and 2025. Global manufacturing cycle acceleration, strong industrial production, energy transition, and development in the new economy sector will drive the Chinese economy. Investors should pay attention to the performance of companies related to AI outside of Nvidia, and the valuation of Taiwanese technology stocks is lower compared to global tech stocks. The proportion of the real estate industry in the Asian credit market has decreased, and there are more high-quality and diversified corporate bonds in the market. Therefore, Schroders Global Investments is positive on Asian investment-grade bonds, as compared to developed market bonds, they have lower volatility and are expected to provide ideal returns in the uncertain macroeconomic environment. Johanna Kyrklund, Chief Investment Officer of Schroders Global Investments, states that with a strong labor market and productivity rebound, the performance of most major economies is expected to exceed expectations in 2024. With robust fundamentals, especially with improving corporate profit prospects, Schroders Global remains optimistic about the outlook for global stock markets. In regions such as the UK, US, Japan, and emerging markets, around one-fifth of companies are expected to achieve over 20% profit growth, reflecting continuous improvement in corporate earnings. Schroders Global Investments states that overall, in the second half of this year, they are optimistic about three major investment themes in Asia, including artificial intelligence (AI) and corporate governance. Generally, after the Fed begins a rate-cutting cycle, gold tends to perform well, and they have a positive view on gold. Additionally, investors should not overlook the growth potential in India.