Almost a year has passed since Narendra Modi came into office with the promise of improving India’s long-term economic outlook with much-needed reforms to attract foreign investors, and market sentiment around India has subsequently become significantly warmer. But while investor optimism remains strong – including those who believe the reforms are not even necessary – […]
Author Archives: Fund Selector Asia
Is a major correction coming in the China market?
Schroders became the second firm in a week to warn on China’s overheating market after BlackRock said it would be selective and continuously flexible in terms of sector picking and choosing between A-and H-share stocks. Emerging-market assets could be impacted when the US Federal Reserve hikes interest rates, according to a recent research note from […]
Robo-investing firm launches in Asia
The firm claims its robo-investing service, in conjunction with Morningstar, will create and automate a professionally-designed portfolio at a fraction of the cost levied by banks and investment advisors. “Today, holding a global diversified portfolio in Asia is complicated and expensive,” Mathias Helleu, executive chairman told FundSelectorAsia. “[Robo advisory services] are going to be a very […]
PIMCO hires Ben Bernanke as advisor
Bernanke, who helped steer the US economy through the 2008 financial crisis, will guide PIMCO’s investment process and periodically meet with clients. “We look forward to benefitting from his extraordinary knowledge and expertise to help us add value for our clients,” Douglas Hodge, chief executive officer said. “His unrivalled experience in navigating the global economy […]
Hot China equities prompts sector caution
The loosening of regulations to allow local mutual funds to invest through the southbound train of the Shanghai-Hong Kong Stock Connect led to a surge in Hong Kong share turnover in early April. “We would be selective and continuously flexible looking forward, in terms of sector picking and choosing between A-and H-share investment opportunities,” said […]
India’s MF industry growth to come through online channels
The AUM of India’s fund industry in 2014 rose by 27% year-on-year to $166.7bn, the strongest growth since 2008. Mutual funds are seeing rising interest from investors beyond the top 15 cities and equity funds are playing a bigger role in second-tier cities, according to local reports. Over the next few years, online channels such […]
Henderson Global launches five funds in Singapore
Over the next five years, the firm intends to increase the source of assets under management from Asia to 15% of total from the current 3%, double regional headcount and develop local products, Alexander Henderson, managing director of Asia, told Fund Selector Asia.
Global ETFs likely to overtake hedge funds
The London-based research and consultancy firm said the assets under management of global ETFs reached a new record of $2.926trn at the end of the first quarter. In comparison, the assets of the global hedge fund industry was $2.939trn. Furthermore, the global ETF industry has been growing at a faster rate than the global hedge […]
Asian managers tend to wait and watch
Nearly 65% of respondents believed it is more prudent to instead learn from the experiences of first movers as the risks are high due to the complexity of dealing with several regulatory authorities. A majority of respondents (83%) expect an increase in the regulatory agenda in Asia over the next five years. “This poll suggests […]
China stock market most favoured by Hong Kong investors
Nearly 31% of the surveyed respondents said they are likely to invest in China equities if interest rates are reduced further this year.
