Valuations of traditional asset classes have become expensive, and diversifying with alternative assets can still be done relatively cheap, according to industry sources.
Author Archives: Francis Nikolai Acosta
Francis is editor for Fund Selector Asia, covering the asset and wealth management industry in Asia. He joined Last Word Media in November 2016 as a senior journalist and became deputy editor in 2019. Previously, he was a reporter at Ignites Asia, A Financial Times service, also covering the region's asset management industry. He has a Master's degree in journalism from The University of Hong Kong.
In case you missed it – Fund Management News
No replacement for Enhance Group’s ex-Singapore MD; BNPP AM names new Hong Kong CEO; T Rowe makes two senior appointments in Japan; GAM launches healthcare equity fund in Taiwan; Fidelity’s Eight Roads rolls out China-focused healthcare fund; BNPP AM acquires majority stake in Belgian robo-advisory firm; and more
Fullerton and Man Group to launch private funds in China
Singapore’s Fullerton Fund Management and alternatives specialist Man Group have received private fund management (PFM) licences from the Asset Management Association of China.
J Safra Sarasin shifts out of inflation trade
The bank no longer believes in positioning for an inflationary environment and is instead looking for yield, Jan Amrit Poser, Bank J Safra Sarasin’s chief strategist and head of sustainability.
China tightens hold on $780bn MMF industry
Chinese regulators continue to rein in money market funds with new rules, but Tencent has launched its own MM product to compete with Yuebao, the world’s largest.
HSBC RBWM poaches Manulife veteran
HSBC Retail Banking and Wealth Management has appointed Donna Cotter as a Hong Kong-based head of strategic partnerships for global insurance.
Hong Kong’s SFC reins in digital tokens
Following China and Singapore, Hong Kong’s Securities and Futures Commission has clarified its position on the offer of digital tokens in Hong Kong.
Mobius: EM IT sector a hidden gem
The emerging markets information technology sector has outperformed EM equities as a whole and Mark Mobius, executive chairman at Templeton Emerging Markets Group, said investors should take note.
Thailand loosens cap on offshore investment
The Bank of Thailand (BoT) has raised the ceiling to $100bn for domestic investors who want offshore exposure.
OMGI: Now is not the time to chase returns
High equity valuations are a reason for return-seeking investors to instead consider a risk-based approach to investing, according to Anthony Gillham, London-based co-investment director for Old Mutual Global Investors’ multi-asset unit.
