It was Mark Twain who said “facts are stubborn, but statistics are more pliable”. I wonder what his take would be on the latest figures from the IMF which says his beloved America is now number two.
Category: Markets
Schroders on China 2015
China’s economic growth is seen moderating further, but long-term opportunities are present across a variety of industries particularly driven by the consumption theme, said Louisa Lo, head of Greater China equities at Schroders.
Beginning of rate easing cycle in China
Recent interest rate cuts by Chinas central bank marks the beginning of a rate easing cycle, which will have positive implications for Chinese equities, writes Victoria Mio, chief investment officer and fund manager of Robeco Chinese Equities.
MandG bullish on Korean market
Korean equities are increasingly cheap and attractive, but mainly because all the surrounding markets have become very expensive, explained Robert Secker, M&G Investments emerging markets equity investment specialist.
Most Korea funds struggled in 2014
Only two Korea-focused funds over the past 12 months have reported positive returns, according to data from FE.
Neuberger Korea pact
Neuberger Berman has entered into a partnership with Samsung Securities and its affiliate Samsung Asset Management to expand its product offerings in South Korea.
Nikko AM to launch new products in Australia
Nikko Asset Management is planning to offer new products to institutional and retail clients through its local subsidiaries in Australia and New Zealand.
Neuberger registers nine UCITS funds in Korea
Neuberger Berman has expanded its UCITS fund range in Asia by registering nine of its funds in South Korea.
Threadneedle expands ops in Korea
Threadneedle Investments has set up a representative office in South Korea and has poached Samsung Asset Management’s Chris Lee as Korea chief representative.
China indicies rise as valuations remain low
The CSI 300 Value index is up more than 7% and the Shanghai Composite is up 6% since March, following a long period of underperformance. Yet valuations are low, sources said, and China is one of the cheapest markets in the world.
