While the share of Asian bond investment has risen a little over that period, the share of investment in Asian equities has been largely steady. Both remain at well below 10 per cent of total portfolio investment in offshore markets. There would appear to be significant scope for further financial integration with the region.
2  BIS central bankers’ speeches  To conclude, the work by the ACFS is focussing on an area of significant importance today and one that will be important for a long time to come. There are many issues to discuss, a few of which I have highlighted here.