Macquarie Group Ltd., a prominent global infrastructure investor, is shifting its focus to Japan and India while reducing its investment appetite for China.
The firm's Asia CEO, Verena Lim, emphasized the significant risks posed by increasing regulatory uncertainties in Greater China, prompting a strategic pivot to more stable markets like Japan, South Korea, India, and Southeast Asia.
Despite the current caution surrounding China due to macroeconomic and geopolitical factors, Lim acknowledged the potential for rapid changes in the situation, indicating that Macquarie remains open to reassessing its stance on the region in the future.
This shift aligns with a broader trend among investors navigating the complexities of the Asian market landscape.