Sluggish demand for smartphones and curbs on property market are likely to hinder major gains in technology and property sectors in China in 2018, argues Helen Zhu, Blackrock’s head of China equities.
Category: Asset Class in Focus
2017 leaders and laggards
China equity funds lead, while natural resources and hedge funds underperform in FSA’s year-end ranking of the best and worst performing funds available to Hong Kong and Singapore investors.
Bluebay: Mispricing a boost for cocos
Contingent convertible (coco) debt of European banks is mispriced relative to other bank debt and this presents an arbitrage opportunity, argues Marc Stacey, portfolio manager at Bluebay Asset Management.
2018: Another year of boring markets inching up?
EFG joins the consensus that basically expects a continuation of market conditions from 2017, and the firm maintains overweights on the US, Japan and EM equities.
Are there opportunities in Indonesia bonds?
Investors should find opportunities in Indonesia corporate bonds as issuance is expected to increase and yields are relatively high, according to Jimond Wong, managing director and senior portfolio manager for Pan-Asia bonds at Manulife Asset Management.
Vietnam (again) in the spotlight
Vietnam stands out among frontier markets because of economic growth, favourable stock valuations and abundant natural resources, argues Joshua Crabb, head of Asian equities at OMGI.
Pictet WM: Look again at China’s banking sector
David Gaud, chief investment officer at Pictet Wealth Management in Asia, said skeptical investors should reconsider Chinese banks because of an acceleration in good credit and better fundamentals.
The long reach for high yield
NNIP’s emerging markets debt strategy surprisingly covers a lot of EMs, even extending beyond with overweights in markets such as Mongolia and Ukraine, according to portfolio manager Leo Hu.
Fangs or Bats? Deutsche AM looks at tech in Asia
Technology stocks globally are still expected to perform well next year, but Sean Taylor, Deutsche Asset Management’s chief investment officer for Asia-Pacific and head of emerging markets, remains careful with his sector picks, particularly in Asia.
High-conviction EM funds tend to underperform
Highly concentrated, high-conviction equity mutual funds tend to underperform, FSA research shows.
