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But given the shifting global dynamics, particularly the problems of excess debt in the industrial world, a well-balanced portfolio should include a strategic allocation to emerging market currency-denominated assets not just in Asia but around the world.
WSJ: Pimco's Guiding Asia-Pacific's Investor Evolution: Ki Myung Hong
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The event brought together more than 20 executives from a range of different companies that shared a common pain point: high attrition among key local talent is a major impediment to achieving the aggressive growth expectations that have been set for companies not just in Asia, but in high-growth emerging markets globally.
FORBES: Breakthrough Ideas For The Talent War In Asia
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So this focus on the U.S. having a presence not just in North Asia but in south -- in the South Pacific and in building our partnerships with Australia and other allies is something that we pursued coming out of the last trip.
WHITEHOUSE: The White House