#HSCLifeRules - Pang Qi Lim, CEO Singapore & Southeast Asia at @HSBC Asset Management, HSC Asset Management Singapore, October 8 Strip a global equity index into its components and the US stands for just over 60%. Asia in all its parts is barely 20%, Europe about 12%. Now think about the fact that Asia accounts for more than 45% of global GDP on a purchasing power parity basis, and is home to more than half of the world's population That's a clear gap. Look at how ETFs are positioned these days: there is a structural underweight to China, to Asia. Eventually, as indices take in more and more of China and different parts of Asia, there will be a wave of reallocation #HSCSingapore