INSIGHT PROVIDER
Prasenjit K. Basu

Prasenjit K. Basu
Chief Economist & Political Strategist
CrossASEAN Research

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Multi-Asset Macroeconomics Cross Asset Strategy

Summary

PK Basu has 34 years experience covering Asia's economies and markets (equities, fixed income and currencies), including 20 years covering the global economy. He was Chief Economist (SE Asia & India) at Credit Suisse First Boston for 5 years, and Chief Asia (x-Jpn) Economist at Daiwa Securities for a similar period. Among other roles, he was global head of research at Maybank Kim Eng, Malaysia equity research head and chief ASEAN economist at Macquarie, ASEAN economist at UBS and the first chief economist at Khazanah Nasional (where he was co-head of research, and led all agri-business initiatives). PK Basu started his career in the Asia Service of WEFA (Wharton Econometrics) in Philadelphia in 1990, rising to be Director of their Asia Service in June 1994. PK's book, "Asia Reborn: A continent rises from the ravages of Colonialism and War to a New Dynamism" won the Tata Literature First Book Award (non-fiction) for 2018. It is the first single chronicle of the modern economic and political history of the whole of Asia (from Iraq and Turkey to Korea and Japan, and everything in between), told from an Asian perspective.

Areas of Expertise

Primary Asset Class:
Multi-Asset
Geography:
Asia Pacific
Countries:
(generalist)
Sectors:
(generalist)
Content Verticals:
Macroeconomics, Cross Asset Strategy

Work Experience:

  • UBS Securities (1994-98), ASEAN Economist, Asia sector strategist, Director Asia Macroeconomics
  • Credit Suisse First Boston (1998-2003), Chief Economist, SE Asia & India
  • Robust Economic Analysis Ltd. (REAL), 2003-05
  • Khazanah Nasional Bhd, Chief Economist (2005-07)
  • Daiwa Capital Markets, Chief Economist, Asia ex-Jpn, 2007-2011
  • Maybank Kim Eng, Global head of research, 2012-13
  • Macquarie Capital Securities, Chief ASEAN economist & Head of Malaysia research, Jan'15-Mar'16
  • WEFA (Wharton Econometric Forecasting Associates), Inc, 1990-94, Director (Asia Service)
  • University of Pennsylvania (1989-91), Teaching Assistant (International Political Economy, Religion & Politics in the Developing World, International Relations)
  • Tata Capital Pte Ltd., and Tata Capital Advisors Pte Ltd, Board of Directors (June 2014 to May 2015)
  • Basu Tea Pvt Ltd., founder and member of the Board
  • REAL-Economics.com, founder and chief economist (Jan 2014-Dec 2014, May 2016-present)
  • Adjunct Professor of Economics, SP Jain School of Global Management (Singapore & Dubai), Jan-Dec 2017
  • Adjunct Professor of Economics, ESSEC Business School (Singapore) , March 2018-July 2019
  • CrossASEAN Research, Chief Economist, October 2018-

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