The two sectors have been strong performers due to various reasons. In the financial sector, banks have benefitted from a loosening monetary policy, which is expected to continue this year. The People’s Bank of China has cut both interest rate and banks’ cash reserve requirement ratio three times each since November to combat an economic […]
Author Archives: Fund Selector Asia
Asian fund passport targeted for 2016 launch
Finance officials and regulators from the six Asia Pacific Economic Cooperation (APEC) members who are leading the development of the Asia Region Fund Passport have just concluded a week of meetings in Singapore to iron out the details of the proposal. The six countries are Australia, Korea, New Zealand, the Philippines, Singapore and Thailand. “We […]
MSCI China A-share review
After competing an annual review, the global index provider said it would form a working group with the China Securities Regulatory Commission to resolve concerns and issues highlighted by international institutional investors during its consultation. “The concerns include, but are not limited to, the quota allocation process, capital mobility restrictions and beneficial ownership of investments,” […]
Pinebridge US fund
The product uses a quantitative strategy and is suitable for investors with a medium to long-term time horizon, the firm said. The fund seeks to achieve capital growth by investing at least 90% in companies whose assets, products or operations are based in the US or are included in the Russell 1000 Index. Apart from […]
LSE Haitong Securities ink a deal
The two firms have agreed to work together to develop RMB-denominated exchange funds tracking Chinese securities and yuan-denominated fixed income products. The deal is also expected to help Chinese investors tap the LSE for initial public offerings and promote development of index- and derivative-based products. “We are fully committed to supporting Haitong Securities’ ambitions and […]
HEAD-TO-HEAD: Fidelity European Dynamic Growth VS Invesco Pan European Equity
For months the European equity market has been in the spotlight for many reasons, bad and good. This past week has been overshadowed by final stage negotiations between Greece and its creditors..
Moderate return expectations from Europe
Following the European Central Bank’s massive quantitative easing programme, which was announced in November last year, European equities have rallied perhaps a bit too much, according to the firm. “Given that valuations are sitting at a 10-year high on a forward price-to-earnings metric, strong earnings growth is increasingly necessary to justify these valuations,” the firm […]
A share on MSCI to erode product differentiation
Axa Investment Managers and M&G Investments recently echoed these views and said passive funds in particular are likely to lose distinction as they all realign their portfolios to include A-shares. A-share inclusion would have a “knock-on effect for the passive investment industry”, said Matthew Vaight, global and Asian emerging markets fund manager at M&G. “Over […]
China’s HNWIs flood UK with investor visa applications
In 2014, more than 1,580 applicants for investor visas were Chinese, compared to 507 the year before, research from Radius Equity reveals. The investor visa scheme encourages high-net-worth individuals to invest in British companies in exchange for the right to apply for citizenship after five years. Despite the scheme proving to be a great success […]
Baring says to invest on the pullback in China
“In the very short term, the combination of profit-taking to invest in new issuance after the strong run we have seen [in indices] and the potential for tighter controls on margin financing could see a continuation of the market volatility we have seen in recent weeks,” Luo said. “After a very strong start to the […]
