The document discusses the equity strategy outlook for the Philippines in 2014, highlighting concerns about the country's market premium, potential earnings growth decline, and supply-demand balance for equities. Despite these concerns, the Philippines cannot be downgraded to underweight due to a lack of compelling alternatives.
doj/DataSet10/EFTA01451010.pdf
{"title":"GEM Equity Strategy Outlook 2014","key_people":["Rafael Garchitorena"],"document_date":"December 2013","document_type":"correspondence","key_locations":["Philippines","Korea"],"document_subtype":"strategy outlook","key_organizations":["Deutsche Bank","DB Philippines Research"]}