As global trade tensions ease, Asia’s policy reforms and domestic economic fundamentals will play a bigger role in investment decisions next year, money managers and analysts said.

Japan and Korea stand to particularly benefit from corporate governance reforms, while policy stimulus in China and India’s fiscal measures are expected to create opportunities, according to funds including Fidelity International and T. Rowe Price Group Inc. Bets in artificial intelligence will broaden with a sharper focus on earnings, according to Principal Asset Management.