The world may see a “significant” shift in resource and capital allocation, according to Siddhartha Singh, investment director, Asia equities in Hong Kong for PineBridge Investments.

In his report on the 2021 midyear Asia equities outlook published June 28, Singh believes that the ongoing Covid-19 pandemic will recede sooner than later, although its impact will be felt for years to come.

As such, he expects more initiatives pitched across Asia in areas such as smart infrastructure including healthcare infrastructure, increased investments in digitalisation and automation, as well as a greater focus on environmental imperatives.

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