The spread between the two-year and 10-year treasury is now 0.09%.
Author Archives: Kristen McGachey
Kristen joined Last Word Media and the world of financial journalism in April 2016, leaving behind a career in a legal publishing firm as a senior researcher turned assistant editor.
This native Angelino initially moved to the UK in 2008 to complete her undergraduate studies at the University of Nottingham. She subsequently obtained a Masters degree in Philosophy with Literature from the University of Warwick.
Mobius: US-China trade conflict to get ‘nasty’
Eternal EM optimist Mark Mobius sees a worsening of the US-China trade war in the short-term and downward pressure on the RMB.
Investec to spin off asset management unit
Hendrik du Toit to lead the separated investment group.
Do investors understand absolute return funds?
GAM’s abrupt liquidation of its absolute return fund range, three of which are offered in Singapore, raise the question of whether targeted investors fully understand the product complexity.
Asia drives Jupiter’s Dynamic Bond outflows
Jupiter CEO Maarten Slendebroek said its Dynamic Bond Fund is suffering outflows because Asian investors are more optimistic about junk bonds, while European investors do not find the fund defensive enough.
Shortage of A-share analysts dawns on UK firms
The inclusion of 230-odd China A-shares was a hugely symbolic moment for UK and European investors but the region’s fund industry has failed to get ahead of the curve, with most firms lacking dedicated teams of analysts or products to invest in.
Mobius poaches from Franklin Templeton for new firm
Emerging markets guru Mark Mobius has nabbed former Franklin Templeton colleagues Carlos Hardenberg, who recently exited as lead portfolio manager on the Templeton Emerging Markets Investment Trust, and Greg Konieczny, to help launch his asset management boutique.
Prudential to spin-out and float M&G
Prudential has confirmed it plans to spin-out its UK investment and savings arm, allowing the parent company to focus on its business in Asia, where it generates most of its profits.
Robeco looks to Asia for fintech
Robeco fund managers Patrick Lemmens and Jeroen van Oerle have declared Asia the “fintech hub of the future”.
Could China catch investors off guard?
Enthusiasm for investing in China has never been higher than in 2017 and fears of a slowdown have largely receded from public discourse. But have investors taken their eye off the region just when it matters most?