From AI chips to EVs: Why M&G’s Vikas Pershad sees Asia, not the US, leading the next market rally

Global equity markets are entering a new era driven by technology, policy, and demographics, says Vikas Pershad of M&G Investments. He expects long-term gains led by AI hardware, clean energy, and structural reforms in Asia. China’s rise in innovation and India’s improving macro setup will define the next growth phase, making Asia the focal point for global investors.