Asian outbound investment moderated to US$53.8 billion in 2018, a decline of 36% y-o-y.
The fall was primarily due to portfolio reallocation by Chinese investors, who became net sellers amid a stronger focus on strengthening balance sheets and recycling capital for future outbound investments.
Singapore was the main source of outbound capital. Investors from Korea and Hong Kong also remained busy, while the period saw stronger activity from Malaysian and Indian capital.
London remained the top destination for Asian outbound investment due to its strong fundamentals and status as the preferred metropolitan area for first-time overseas buyers.