The asset manager recommends hedging inflationary risk with the two asset classes.

The asset manager recommends hedging inflationary risk with the two asset classes.
But the firm remains nervous about China property borrowers.
Coupled with a diversity of products and government support, China sustainable fixed income is expected to continue to grow.
The pandemic has prompted a surge in social bond issuance.
Chinese BB property bonds will generate decent returns in the next six to 12 months, said Pinebridge Investments.
Eurozone and Japanese equities will likely outperform their peers next year, said the Swiss wealth manager.
Investors should gain exposure as both China equities and fixed income are undervalued, said Blackrock.
Manulife sees value in ESG-themed investment grade fixed income.
The energy sector will remain robust in the short-term, fuelled by global demand, according to fixed income experts.
The pilot programme will authorise overseas issuers to issue social and sustainable development bonds.
Part of the Mark Allen Group.