Momentum works all over the world! We subadvise a fund for a bank in Malaysia that invests in Syariah Compliant Malaysian equities. That fund just won the Lipper Fund Award for being the best Malaysian Equity fund over the last three years. We certainly aren’t experts in analyzing the financials of companies in the Far East, but price is the same all over the world. With a momentum strategy, you can succeed in many different markets and asset classes without specialized knowledge of the fundamentals of each country.