Global bond yields hit multi-decade highs as oil prices surge, raising concerns over inflation and interest rates. Are markets underestimating the risks of higher-for-longer rates and the AI investment boom? Nicole Teo speaks with Vikas Pershad, portfolio manager, APAC Equities at M&G Investments, about AI valuations, China’s equity opportunities, US-China technology restrictions, and fiscal pressures across Asia. As investors navigate market volatility, the region’s broader investment opportunities may lie beyond the AI rally.

Highlights:

03:53 Higher-for-longer bond yields and borrowing costs

04:48 Is AI capex being fully priced in?

09:11 Asian equity opportunities beyond AI

11:58 US-China technology restrictions implications

14:21 Is gold a reliable safe haven?

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Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg.

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Written and hosted by: Nicole Teo (nicolet@sph.com.sg)

With Vikas Pershad, portfolio manager, APAC Equities at M&G Investments

Edited by: Nicole Teo & Claressa Monteiro

Produced by: Nicole Teo & Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

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