Authentic voices. Remarkable stories. AOL On Originals showcase the passions that make the world a more interesting place.
Hank Azaria’s touching, humorous, and often enlightening journey from a man who is not even sure he wants to have kids, to a father going through the joys, trials and tribulations of being a dad.
Gwyneth Paltrow and Tracy Anderson spend time with women who've overcome hardship, injury, and setbacks to triumph in the face of adversity.
Enter the graceful but competitive world of ballet through the eyes of executive producer, Sarah Jessica Parker. This behind-the-scenes docudrama reveals what it takes to perform on the ultimate stage, the New York City Ballet. Catch NYCB on stage at Lincoln Center.
ACTING DISRUPTIVE takes viewers inside the businesses and passion projects of Hollywood’s top celebrities.
Explore what it means to be human as we rush head first into the future through the eyes, creativity, and mind of Tiffany Shlain, acclaimed filmmaker and speaker, founder of The Webby Awards, mother, constant pusher of boundaries and one of Newsweek’s “women shaping the 21st Century.”
They say every picture tells a story and AOL On's new original series My Ink proves it. Travel along as some of the world's greatest athletes bring their tattoos to life through exclusive interviews and visits to their favorite tattoo parlors.
Discover crowdfunded small business success stories with author, comedian, and entrepreneur Baratunde Thurston.
Go behind-the-scenes with racing's hottest, young talent, 17-year-old Dylan Kwasniewski, as he aspires to make it in the #1 motorsport in America – NASCAR
Follow Scott Schuman, the Sartorialist, from the streets of NYC to the capitals of Europe on his quest to photograph and document the best in culture and fashion.
Iconic potter, designer, author and personality Jonathan Adler shares his unique perspective on creativity. Showcasing the inspiration Jonathan finds in the most unlikely people and places, Inspiration Point will add style, craft and joy to your life.
Serving Innovation gives a fresh look into the stories and passions that motivate some of the most innovative tastemakers in America.
A documentary directed by Alex Winter exploring the Napster downloading revolution; the kids who created it, the bands and businesses that were affected and its impact on the world at large.
Nicole Richie brings her unfiltered sense of humor and unique perspective to life in a new series based on her irreverent twitter feed. The show follows the outspoken celebrity as she shares her perspective on style, parenting, relationships and her journey to adulthood.
Large Asian opportunities exist but there are also landmines, says Schroders' Matthew Dobbs.
Tags:he Most Promising Emerging Markets in Asia,asian market growth,chinese industries growth,investing tips,matthew dobbs,morningstar,morningstar business news,trends in the investing market
Grab video code:
Alanna Petroff: Morningstar just wrapped up its sixth annual Investment Conference, where we covered a number of different topics to do with investing, bonds, and the markets. I got to catch up with one speaker, Matthew Dobbs, who is a fund manager at Schroders, and he specifically focuses on Asia. I started by asking him about his favorite Asian markets right now. Here's what he had to say. Matthew Dobbs: Well, I mean, the great thing about Asia is there's lots of different countries. I think, we're finding opportunities in almost all the countries there. I think, the areas that are … Perhaps one country that's most challenged at the moment would be India. Although long-term I think it looks very attractive, the political and inflationary issues there, I think, are ones that they need to be addressed. And we like – on the whole, we like some of the more developed markets. We like Hong Kong. We think Hong Kong is, in a way, a cheap option on China, and long-term we like China; short-term we're being cautious about some of the issues in corporate governance and profitability. We also like Singapore, where we think again corporate governance is very strong, strong companies, interesting areas. Petroff: I also asked Matthew about why he didn't like China right now, at least for the short term. Dobbs: Well, I think the issue with China is that the growth has been very driven by capital investment, the contribution of fixed asset investment as they call it, which covers both private and public government spending investment. It's being 70% or 80% of the growth. That's a very high number. And indeed, consumer spending as a percent of the economy in China has consistently fallen for the last 20 years. It's still been growing at about 9%. It’s just being growing at a lower rate in the Chinese economy. So, I think the issue for us is, there's a big reorientation of the Chinese economy that's needed. I think, there could be some quite surprising prints in terms of growth number. Our view actually is China does need to grow a bit more slowly, but it needs to be sort of high quality in terms of where it's coming from. To be fair to the leadership, I think they realise those problems, but of course we are going through one of China's once in a decade election processes. So I think the problem is that right now those big issues are being deferred a bit into early next year. Petroff: Now you said also that you like manufacturing, that in Asia they make things, and you're quite happy about that. Can you explain that a little bit more? Dobbs: Yeah. I mean, I think, the manufacturing covers a lot of different companies, and I think, there are a lot of companies who are very challenged. They're very low value added, simply a labour cost arbitrage. We're not interested in those. But there definitely are smaller group of companies, where we do feel that actually their ability – their pricing power is increasing, because actually their smaller competitors are going out of business. The fact that financing is tight, trade finance has been difficult, SMEs being under pressure, it actually means that the bigger players, they're actually taking market share. The fact is for Home Depot or Wal-Mart, yeah, their sales in aggregate may not be growing very fast, but you do need T-shirts and power tools to sell, if you're going to sell anything, and therefore, it's very important for them to have a stable supply chain, and that need for stability of the supply chain is playing into the hands of some of the sort of traditional larger-scale industrial companies. The other area, a sort of broader area, which you might call ‘industrial’ is, of course, information technology. That's an area, where we do like selectively some companies. Samsung, I think, is a great business, showing their abilities to go up the value added curve, it's now really head-to-head with Apple on the handset side, but it's not just handsets in the case of Samsung. You've also got someone like Taiwan Semiconductor, where as we all want smaller and smaller cellular devices, which will do more and more for us, there is this enormous pressure on power and size of chipset, and efficiency, and that's exactly where Taiwan Semiconductor is, and they are several generations ahead of their competition in terms of what they're doing. Petroff: For more articles and videos about Asia, check out the links below.