Rieder, who was on visit to Hong Kong and China last week, said ten years ago there was a $4-$5trn net supply of fixed income each year. This year, the net supply will be $700bn, 15% of what was available a decade ago. “At the same time there is a huge aging population that needs […]
Category: Industry views
Does the US rate hike create an EM buying opportunity?
Current market volatility is due to uncertainty around the start date, Rieder said. He disagrees with conventional opinion that all emerging markets will be under pressure once the US Fed moves to hike rates later this year. Rieder believes a 25 basis point rate rise will come in September and further hikes will be cautious […]
Baring sees Stock Connect liquidity as proof of concept
Trading through the Shanghai-Hong Kong Stock Connect surged to its highest level last month since launching in November. In April, market turnover on the Hong Kong Exchange rose to an all-time high of HK$252.4bn ($32.6bn). There has been a lot of talk about north vs south capital movement, but Stevenson believes that has been overstated […]
Indian equities are not too hot to hold- Templeton AM
A fall in domestic inflation and an improved current account deficit, along with a new reform-minded government, have been the key factors driving the market. “In spite of the rally, the market is not trading at valuations higher than its long-term average. Excess optimism has not been factored into current prices,” Rajah said in an […]
OMGI continues Asia push amid tough competition
New fund launches, additional staff and Hong Kong-domiciled funds are part of the plan as the firm continues an aggressive Asia expansion, according to Warren Tonkinson, head of distribution.
Is it time for an unconstrained strategy?
“There has been a big increase in demand for unconstrained investing strategies. A lot of investors are concerned about the sell-off in emerging markets in case the US Federal Reserve hikes rates,” Stitt said, in an interview with Fund Selector Asia. “They are still drawing parallels from the taper tantrum. A lot of clients are, therefore, […]
A-share inclusion in the MSCI could drive foreign capital inflow
“The economy is slowing, but what is interesting is if you look at China’s contribution to global growth, and then you look at China’s weighting in the MSCI World Index, then there is a huge under-representation of China,” Yeung said in an interview with Fund Selector Asia. China has less than 3% representation in the […]
Finding cold stocks in a hot region
AB likes to uncover cheap stocks that are out of favour, according to Stuart Rae, chief investment officer of Asia Pacific ex-Japan equities.
Study: Fund flows unlikely to roil EM economies
The last four years, emerging markets received $1.4trn in cumulative gross portfolio capital flows, but only around $200bn came from regulated funds, according to Christopher Plantier, ICI senior economist of industry and financial analysis, who authored the report. EM capital flow was analysed to put into perspective the size of regulated fund investment into those […]
Asia could have capital outflows-Aberdeen
The prospect of a US rate hike and a stronger dollar could result in fund outflows from Asia in the near term, Young said, in an interview with Fund Selector Asia. “While higher US interest rates will likely damage short-term sentiment and money will flow out of Asian emerging markets, the long-term investment rationale remains intact.” […]
