New international accounting rules that came into force on 1 January will impede banks’ lending activity, making room for private lending market, according to Craig Reeves, founder of Prestige Funds.
Category: Industry views
New HKEx rules may pull in China’s tech giants
If the regulator allows the weighted voting rights structure, it will tilt Hong Kong’s stock market toward tech stocks, bringing higher valuations but also increased volatility, argues Tobias Bland, CEO of Enhanced Investment Products.
OMGI concentrates GEM fund
Old Mutual Global Investors’ global emerging markets fund has become more concentrated since it was taken in-house and handed to the firm’s new GEM team.
Convertibles: best of both worlds?
Convertible bonds, which combine features of bonds and equities, are coming back as interest rates rise, argues Christophe Machu, investment specialist on the multi-asset and convertibles team at M&G Investments.
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.
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.
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.
Natixis: Blockchain will make funds cheaper
By moving back-office functions onto blockchain, Natixis expects to improve transparency and reduce the cost of its funds.
PGI and CCB venture plans cross-border funds
US-based Principal Global Investors intends to support Chinese asset management partner CCB in launching funds offshore, said PGI’s CEO Jim McCaughan.
