“The economy is slowing, but what is interesting is if you look at China’s contribution to global growth, and then you look at China’s weighting in the MSCI World Index, then there is a huge under-representation of China,” Yeung said in an interview with Fund Selector Asia. China has less than 3% representation in the […]
Author Archives: Fund Selector Asia
Asia could have capital outflows-Aberdeen
The prospect of a US rate hike and a stronger dollar could result in fund outflows from Asia in the near term, Young said, in an interview with Fund Selector Asia. “While higher US interest rates will likely damage short-term sentiment and money will flow out of Asian emerging markets, the long-term investment rationale remains intact.” […]
Survey: HNWIs reliant on online advice know the least about finance
The gap between perceived versus actual financial knowledge has driven Asian high net worth individuals to increase their investment knowledge, according to the M&G Asia wealth barometer. While wealth managers are the number one resource (55%) for sourcing investment ideas and information, digital media (48%) and friends and family (48%) also followed closely. But investors […]
AXA IM, Schroders see more easing in China
The People’s Bank of China on 10 May announced a 25 basis points cut in benchmark deposit and lending rates to 2.25% and 5.1%, respectively. It was the third cut in interest rates since November, when China started easing its monetary policy to combat an economic slowdown. The latest move was in April, when the […]
Stocks are top of list for global investors – Franklin Templeton
About 57% of investors expect stocks to be among the top performing asset classes, followed by real estate (52%) and precious metals (39%). “Many markets around the world have enjoyed strong performance over the past several years,” said Ed Perks, chief investment officer of Franklin’s equity group. “Investors are optimistic, but that may not be […]
Patience needed on India – Invesco
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 – […]
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 […]
