At the end of last month, the Bank of Japan surprised markets by effectively raising the threshold for 10-year JGBs in its controversial yield curve control policy. While this may seem on the face of it a headwind for the country’s soaring stock market, the reality is more nuanced.
Author Archives: Thomas Blott
Originally from the UK, Thomas is a financial journalist with over 10 years’ experience including nine in Asia. He began his career at Euromoney Institutional Investor, completing the graduate scheme and going on to establish the Asia bureau for IJGlobal, the world’s foremost source of intelligence on the project finance market. After a stint at KPMG, he joined International Financing Review, which was originally owned by Thomson Reuters and later Refinitiv, where he managed the people & markets section in Asia. He joined Bonhill Group as regional editor for Asia in 2022, which includes oversight of Fund Selector Asia. He is a graduate of the University of Cambridge. Connect with him on LinkedIn here.
HEAD-TO-HEAD: Fidelity versus Pimco
FSA compares the the Fidelity Funds – Asian High Yield Fund and the Pimco GIS Asia High Yield Bond Fund.
HSBC hires head of global private banking for Apac
Lok Yim is a replacement for Siew Meng Tan, who is retiring after 20 years with HSBC.
abrdn’s Loh: ‘By no means do we think the wheels are falling off in China’
Henry Loh, head of Asia credit at abrdn, explains why he is less bearish on China than some of his peers.
Japan inflows rise in August – Morningstar
There were net inflows to open-end funds in Japan of ¥948.4bn in August, Morningstar data show.
Nordea AM receives capital markets licence in Singapore
The new licence will allow Nordea AM to carry out portfolio construction and allocation among other things.
Cohen & Steers appoints head of wealth for Asia Pacific
Liyen Wee will be responsible for establishing and managing relationships with financial intermediaries in the region.
LGIM opens Singapore office
The investment manager’s new office in the city-state will be led by Natasha Mora.
PGIM launches equities strategy
The new strategy invests in companies pursuing decarbonisation opportunities.
Where does the AI boom go from here?
Sharp rises in the shares of the tech giants have led the S&P500 into bull market territory this year, but there are questions about where we go from here.