Industry consolidation in China’s property development market has made the separation between winners and losers more clear and improved valuations in the sector, said Bryan Collins, lead manager of Fidelity Asian High Yield Fund.
Category: Asset Class in Focus
Bottom-fishing in Russia
This week’s volatility in Russia’s stock market presents buying opportunities, however the market’s structural flaws mean that investors need cast-iron stomachs to weather more such events in the future.
Foreign firms peck at China’s $9trn bond market
Despite the inclusion of onshore bonds on some global indices, portfolio managers have taken minimal exposure to the onshore bond market, citing the payment settlement issue as a key obstacle.
China equity: A case for active management?
Actively-managed China equity funds are the top performers, while ETFs lag in FSA’s ranking of best and worst China equity products at the end of Q1.
Aviva: High yield returns to shrink
Lower leverage makes high yield bonds less risky today than during the 2008 global financial crisis, but returns are also likely to drop this year, argues Kevin Mathews, head of global high yield at Aviva Investors.
High yield, Brazil, lead fixed income
Despite the return of volatility, high yield funds and a Brazil bond fund top the list of best performers among fixed income products available to investors in Hong Kong.
Barings sees EM financials blossoming
Banks and insurance companies are best positioned to benefit from the growth of emerging market economies and demographic changes, argues William Palmer, co-head of emerging and frontier market equities team at Barings.
Japan overweight boosts JPM APAC fund
The broader adoption of the stewardship code among Japan’s listed companies is showing concrete results in the form of higher stock returns, according to Aisa Ogoshi, portfolio manager at JP Morgan Asset Management, who has been overweight Japan for five years.
Healthcare funds bleed the most
As volatility returns to markets, healthcare-related equity funds have been among the worst performers, according to data from FE Analytics.
V is for Vietnam, not volatility
Despite the return of market volatility, a Vietnam equity fund managed by JP Morgan Asset Management has soared to the top as best performer, according to data from FE Analytics.
