Private banks in Hong Kong and Singapore ask bond fund managers to explain any short-term underperformance and to provide stable income streams, according to Boston-based Brian Kennedy, vice president and portfolio manager at Loomis Sayles.
Category: Asset Class in Focus
UBP: Bond investors not compensated for risks
The return for US and European bond investors offers insufficient compensation for the risk they are taking, especially in the high yield segment, said Norman Villamin, chief investment officer at Union Bancaire Privee.
Bull and Bear: Chinese banks
Two CIOs, Pictet WM’s David Gaud and Matthews Asia’s Robert Horrocks, share their contrasting views on China’s banks.
Matthews bullish on shift to Asia brand names
Asia consumer brands have historically been second choice after the multinational products, but in the last couple of years local names have been gaining market share and have become attractive investment plays, according to Robert Horrocks, CIO of Matthews Asia.
Deutsche Wealth: Fixed income loses appeal
Rising interest rates and yields have made Deutsche Bank Wealth Management pessimistic about fixed income investment, according to Tuan Huynh, Singapore-based chief investment officer and head of discretionary portfolio management for Asia-Pacific.
Is the Japanese equity rally losing steam?
Joel Le Saux, manager of the Japan opportunities fund at SYZ Asset Management, argues the Japanese equity rally won’t last.
Pictet: Regulation a big driver of IT security
Data protection regulations, particularly in Europe, are expected to provide a boost to IT security company earnings, according to Yves Kramer, London-based senior investment manager for thematic equities at Pictet Asset Management.
Which HK funds gathered the most assets in 2017?
JP Morgan handily beat all rivals in gathering new assets in its Hong Kong-domiciled bond and mixed asset funds, as investors retreated from pure equity products, Morningstar data shows.
GAM: Alts demand to continue in 2018
Alternatives, particularly infrastructure investments, are expected to see continued demand from professional investors, according to industry sources speaking at the recent Association of Luxembourg Fund Industry (ALFI) roadshow.
China wants to convert SOE equity to HK listed shares
China’s regulator has proposed converting equity in Chinese firms into shares listed on the Hong Kong bourse in order to raise management incentive in some state-owned firms and improve earnings, said Nicholas Yeo, head of equities for China and Hong Kong at Aberdeen Standard Investments.
