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 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.
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.
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.
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.
Highly concentrated, high-conviction equity mutual funds tend to underperform, FSA research shows.
Hong Kong’s equity market is likely to see a slowdown in mainland investment next year due to some new regulations and the proposed US tax reform could hit the technology sector, said Victoria Mio, co-head of Asia-Pacific equities and chief investment officer for China at Robeco.
The upside for global equities markets has become weaker in the long-term as global growth has peaked, according to Thomas Poullaouec, head of multi-asset solutions for Asia-Pacific at T Rowe Price.
Infrastructure in India, curbing pollution in China, and specific smaller tech companies are the most promising investment opportunities in Asia, argues Joshua Crabb, head of Asian equities at OMGI.
Hong Kong’s mutual funds assets are up 17% over the past year, driven by a rise in the number and assets of fixed income funds, according to the SFC’s latest quarterly report.
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