Asset allocators must closely monitor the progress of the coronavirus vaccine to determine whether the investment environment is “Covid-on or Covid-off”, according to T Rowe Price.

Asset allocators must closely monitor the progress of the coronavirus vaccine to determine whether the investment environment is “Covid-on or Covid-off”, according to T Rowe Price.
The firm’s China mixed-asset product has slightly trimmed down its equity allocation.
In contrast, mixed-asset products offered by third-party fund managers have only returned around 0-2% so far this year.
Investors should seek new ways to protect their portfolios and to generate returns, according to Union Bancaire Privée (UBP).
An online alternative investment platform in Singapore has garnered at least $100m in assets since its launch last year.
Schroders, Allianz GI, Aviva Investors and Fullerton Fund Management have also launched income products in the Lion City.
Multi-asset funds are meant to provide protection when a particular asset class tanks, but struggle to achieve their promise when normal asset class correlations break down.
Private banking professionals at HSBC, Deutsche Bank, UBS, DBS and Citi reveal opportunities in the wake of economic damage wrought by the coronavirus.
The multi-billion dollar fund has lifted its cash weighting, reduced equity exposure and trimmed an already low allocation to sub-investment grade credit.
Multi-asset products have gained popularity in most markets across Asia-Pacific, according to a report this week.
Part of the Mark Allen Group.