China beat market expectations with a 7% year-on-year growth for the second quarter. But in the second half, fund houses are concerned about the financial sector.
Category: Asset Class in Focus
European equity yields trump corporate bonds
Currently some 70% of listed European equities have a dividend yield higher than European credit, according to Stan Pearson, head of European Equity at Standard Life Investments.
Survey: Singapore investors shift from multi-asset
Singapore retail investors have made a significant allocation shift over the last six months away from multi-asset and balanced funds into equity funds, bond funds and hedge funds.
Ideas for Asian dividend yield
Asian dividend yield remains a strong theme despite the widely- anticipated US rate hike, said King Fuei Lee, fund manager for Asia ex-Japan equities at Schroders.
China’s trading freeze can undermine MSCI inclusion
The recent suspension of trading in 1300 A-share stocks could delay their much-awaited inclusion in MSCI’s emerging market index, fund houses said.
China’s market plunge puts economy at risk
The continuing fall in China’s stock market puts the country’s entire financial system and structural reform agenda at risk, according to Axa Investment Managers and Schroders.
Will the MRF smooth the path for ETFs?
The mutual recognition of funds (MRF) initiative will eventually result in a wave of ETF houses bringing products to Hong Kong, said Toby Bland, chief executive of Enhanced Investment Products in Hong Kong.
Principal Global aims to use MRF
Principal Global Investors intends to distribute funds through the mutual recognition of funds initiative, and is in talks with joint venture partner China Construction Bank about mainland products, said Kirk West, head of international offices and chief executive officer of Asia.
China response to the potential equity bubble
Sandra Crowl, member of Carmignac Gestion’s investment strategy committee, examines how structural reforms and liberalisation of the financial markets will keep the limelight on China in 2015.
H-shares to benefit from mutual recognition of funds
The mutual recognition of funds initiative will act as a catalyst in re-rating offshore China equities and Hong Kong’s undervalued H-share market will be the first to benefit from inflows, according to Mansfield Mok, fund manager at EFG Asset Management.
