High yield bonds are the best performing asset class within fixed income year-to-date, but higher capital gains are in investment grade bonds, according to Pierre Chartres, London-based fixed income specialist at M&G Investments.
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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.
High yield bonds are the best performing asset class within fixed income year-to-date, but higher capital gains are in investment grade bonds, according to Pierre Chartres, London-based fixed income specialist at M&G Investments.
SEA Asset, which recently received a full capital markets services (CMS) licence from MAS, sees new investor interest from family offices, according to Alex Zeeh, the firm’s Singapore-based CEO.
Asia led globally with the highest dividend payouts year-on-year in Q2, with Singapore and Hong Kong dividends soaring.
The Singapore-focused equity income product would be the second ETF launched in the Lion City this year, according to data from the Singapore Exchange.
Index provider FTSE Russell is considering adding China’s onshore equities to their indices with a bigger weighting than rival MSCI, according to a report by Reuters.
Despite a relaxation of foreign ownership rules, Chinese partners are expected to retain the majority stake in joint ventures because China’s asset management business is lucrative, said Ye Kangting, analyst at Cerulli Associates in Singapore.
Mercer will be up against Morningstar and FE as it brings fund research and ratings previously only available to institutional clients to the general public in Asia.
The agreement comes after Lombard Odier established other strategic partnerships with banks in the Philippines, Thailand and Indonesia.
FSA compares the Invesco Asia Opportunities Equity Fund and the Threadneedle (Lux) Asian Focus Fund.
Locally-domiciled funds in Hong Kong continue to grow, while Cayman Island funds saw a drop in number and assets, according to the Securities and Futures Commission’s second quarterly report.
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