The bank is overweight on cyclical sectors and favours emerging markets.

The bank is overweight on cyclical sectors and favours emerging markets.
Launched in October, the ESG product alone raised $512m.
The bank has rolled out a product with a luxury consumption theme to its wealthy Hong Kong and Malaysian clients.
With so much attention on the rise of China, many investors often overlook India.
Hong Kong-domiciled ETFs tracking onshore and offshore Chine indices have suffered year-to-date outflows of $400m and $200m respectively, according to Morningstar.
Investors should remain focused on longer-term global growth potential that megatrends may deliver.
Asia has the best emerging market opportunities as global economies enter the recovery phase, according to the Zurich-based asset manager.
Valuations of high yield emerging market sovereign and corporate bonds are still attractive despite significant spread tightening, according to the UK asset manager.
Ex-Federated Hermes team is bringing its new impact strategy to Asia. Regnan is also hiring Fidelity PMs to manage a sustainable water and waste strategy.
Will the themes continue to outperform in 2021?
Part of the Mark Allen Group.