Market turnover in Hong Kong broke a record this week as a multi-day rally continues. But according to Schroder Investment Management, the momentum is not based on fundamentals.
Author Archives: Fund Selector Asia
European Equity Income Head-to-Head
The European equity market has been in the spotlight since late last year when the European Central Bank (ECB) first announced intentions to launch the massive stimulus programme that began in 2015.
Stock Connect buying
Market turnover on the Hong Kong Exchange rose to an all-time high of HK$252.4bn ($32.6bn) on Wednesday, as trading through the Shanghai-Hong Kong Stock Connect surged to its highest level since launching in November.
Developed market bonds have negative yield
Nearly $4trn in developed market bonds have a negative yield. Market participants are accustomed to the possibility of losing money, but the certainty of losing money is another matter, writes Jim Cielinski, global head of fixed income at Columbia Threadneedle Investments.
Prospects of Indian equities still bright
The government’s efforts to support economic growth and the easing of inflation should provide long-term support to local shares, said Manish Bhatia, Schroders Indian equities fund manager.
Asia ex-Japan equity fund returns
Top performing Asia ex-Japan equity funds show a significant allocation to India and China, suggesting a rare alignment of optimism about Asia’s two key economies.
ING IM rebrands as NN Investment Partners
Following its divestiture from ING Group and public listing, ING Investment Management has been globally rebranded as NN Investment Partners.
BlackRock is selective on European equities
Certain European equities have some life in them, but nearly a quarter of European sovereign debt offers a negative yield, according to BlackRock.
Hong Kong China double taxation
Hong Kong and mainland China have agreed to exempt Hong Kong-based investors from double taxation on capital gains derived from investments in Chinas stock markets.
Chinese SOEs JP Morgan AM
State-owned enterprises could become one of the key investment themes in the coming years as reforms pick up speed in 2015, according to JP Morgan Asset Management.