In Xingtai Capital’s highly concentrated China fund, the top ten account for 60% of the portfolio, which holds only 20-30 positions.
Category: Asset Class in Focus
Is there a value trap in Chinese equities?
Many Chinese banking, construction and property stocks are trading at deeply discounted prices, according to Gam Investments.
Defining the ‘green bond’
Any definition should be principles-based, permitting the investor flexibility to decide if the green bond is actually green, according to Mitch Reznick, Hermes IM.
HSBC GAM rolls out fixed maturity fund
The 2.5 year fixed-term bond fund aims for a 3.5%-4% yield and will be marketed to retail investors in Hong Kong and Singapore.
Another firm cautions on onshore bonds
China’s onshore corporate bonds are expected to have more defaults, according to BNPP AM, but offshore China high yield is a different story.
DWS tips EM Asia stocks and credit
The US-China trade dispute continues to weigh on asset prices, but DWS’s CIO sees upside in parts of Asia, particularly China.
BNPP AM sets ESG fixed income goal
All of the firm’s EM fixed income products are expected to be ESG compliant this year, as the 2020 target for firm-wide integration continues.
The human check on quant fund risks
After software generates a quant portfolio, the fund manager monitors for unforeseen concentration risk, according to the managing director of Natixis IM affiliate Seeyond.
EM as a source for unconventional high yield
High interest t-bills and overweights in Egypt and Nigeria aim to support a fund with a 7%-plus income distribution yield, according to Capital Group’s fixed income investment director.
Ex-Pictet group moves into thematic funds
Ex-Pictet AM managers co-founded a firm under Natixis IM and have launched similar thematic products.
