”Significant good news” is needed to sustain market momentum in India and Indonesia, according to Tim Jagger, senior vice president and portfolio manager for Asian fixed income at Aviva Investors.
Category: Asset Class in Focus
AXA IM turns underweight on Chinese equities
“[A] word of caution is warranted following the stellar performance of Chinese equities over the past year or so. “Today A-shares trade at or above a 20x multiple and look simply expensive. A correction would offer a welcome breathing pause,” the fund house said in its asset allocation strategy note. In the medium-term, the investment […]
Hong Kong share rally
Market turnover in Hong Kong broke a record this week as a multi-day rally continues. But according to Schroder Investment Management, the momentum is not based on fundamentals.
Asia ex-Japan equity fund returns
Top performing Asia ex-Japan equity funds show a significant allocation to India and China, suggesting a rare alignment of optimism about Asia’s two key economies.
Dont overlook EM dividends
Roughly 90% of companies represented in the MSCI Emerging Markets Index pay dividends, according to a research note by Capital Group.
Good time to overweight Indian sovereigns
Reform efforts in India could lead to an upgrade in the country’s sovereign rating, and further rate cuts could raise portfolio valuations, according to Philippe Jauer, chief investment officer, Amundi Asset Management.
The case for senior loans
Lower volatility and less risk of default-related losses than high yield bonds make senior loans an attractive way to generate income, writes Jeff Bakalar, managing director and group head of the senior loan group at Voya Financial, in sponsored commentary.
Henderson senses shift in Asia dividend payouts
Asian companies have been comparatively conservative with dividend payouts, but potentially strong cash flow generation seems to be changing that, said Sat Duhra, fund manager on the Asia Pacific equities team at Henderson Global Investors.
Asia investment grade looks attractive
Aviva Investors is cautious on investment grade credit spreads in Asia in the short term, but has a more constructive view on the asset class in the medium term given attractive valuations.
China’s equity market set for a re-rating: Baring
Baring Asset Management sees the potential for a re-rating of the Chinese equity markets after the Chinese New Year holidays.
