The US large cap equity market gets the firm’s biggest overweight, while exposure to Europe, Japan and emerging markets is reduced, according to Kevin Anderson, Hong Kong-based head of investments for Asia-Pacific.
Category: Asset Class in Focus
Citi PB goes overweight on A-shares
This year China A-shares are Citi Private Bank’s biggest call globally, according to Roger Bacon, head of investments for Asia-Pacific, while fixed income in client portfolios is getting intense focus.
A look at China equity funds in volatile markets
Equity fund managers who perform best among peers during specific China market volatility are not among the best when global markets plunge.
CoCos: A bet on banks’ financial health
Contingent convertible (coco) bonds carry conversion risk but promise high yield with low volatility and diversification, according to Lloyd Harris, London-based fixed income fund manager at Old Mutual Global Investors.
Looking for alpha in Japan’s small caps
Some of Japan’s under-researched small- and mid-cap companies may be hidden gems that the broader investment world knows little about, according to Sophia Li, portfolio manager at First State Stewart Asia.
JPMAM: Keep an open mind to recessionary slide
Though the firm does not expect a US recession over the next 12-18 months, Hui Tai, managing director and Asia chief investment strategist, recommends tweaking client portfolios now to adopt a more defensive position.
EM debt faces resiliency test
Despite the sell-off in emerging market debt that started at the end of April, the current environment is still resilient, according to Raoul Luttik, senior portfolio manager at Neuberger Berman.
Does low volatility mix with high dividends?
Seeyond’s Asia-focused smart beta product aims for minimum volatility with high dividend yield instead of returns based on pure fundamental stock-picking, according to Nicolas Just, deputy CEO and chief investment officer of the Natixis affiliate.
Deutsche Wealth cool on hedge funds
Deutsche Wealth is not convinced that a significant allocation to hedge funds adds value to client portfolios, according to Christian Nolting, Frankfurt-based managing director and global chief investment officer and global head of discretionary portfolio management.
Can volatility funds deliver in calm markets?
Amundi’s absolute volatility equity funds were among the best performers in 2008, the year of the global financial crisis, but have done poorly since.
