The private bank is the latest wealth manager to essentially steer neutral, but recommend a tilt toward portfolio protection.
Category: Asset Class in Focus
Lean toward income sources, says JPM AM
Fixed income and high-dividend-paying stocks provide investors some downside protection in a late economic cycle, according to the firm’s chief market strategist.
Robeco seeks safety with IG bonds
A weakening global economy and declining corporate earnings have turned Robeco SAM’s fixed income strategy defensive, according to the firm’s Singapore CEO.
Schroders: High yield shaky as growth slows
A majority of Schroders’ global credit income fund is invested in investment grade bonds.
Foggy view keeps Pictet WM overweight cash
The wealth manager also gives a sneak peek of what is inside its “Asia Leaders” discretionary mandate.
Eastspring’s call: US equities over all others
A buoyant domestic economy should support US equities, while incremental yield can be earned with Asia high yield bonds and selective carry currencies.
High yield too expensive, says Amundi
The expected July interest rate cut in the US is unlikely, according to Boston-based Ken Taubes, chief investment officer for Amundi.
Why Jollibee fits T Rowe manager’s taste
Portfolio manager Eric Moffett prefers stable companies to high growth businesses in Asia.
Morgan Stanley’s risk expert on portfolio building
The risk that Morgan Stanley IM has been repositioning for is the trade dispute, said Andrew Harmstone, head of the global risk control team, who explains the firm’s approach to risk control.
Muzinich seeks low risk enhanced yield
The US-based fund manager is wary about moving down the credit curve to gain incremental yield and expects declining interest rates to sustain fund performance.
