TOKYO -- For the first time in five years, all key equity markets in Asia enjoyed a bull run in 2017 and market participants expect gains to be extended in 2018.
"Strong market fundamentals supported by steady recovery of the world economy helped us achieve a very solid performance this year," said Jim McCaughan, CEO of Principal Global Investors that holds over $150 billion in equities around the world. Stocks account for one-third of its total assets.
