Allspring portfolio manager Eddie Cheng argues that equities are the best way to protect long-term purchasing power in a higher interest rate and inflation regime.
Category: News
AIA Singapore unveils wealth strategy
The increase in regional and domestic wealth prompts AIA Singapore to set up wealth centre.
Fidelity completes fundraising for fourth mutual fund in China
Managed by Lynda Zhou, the fund is an equity income strategy and raised Rmb925m, primarily via Citic Bank and Citic Securities.
Capital Group partners with Deutsche Bank on multi-sector income fund
The partnership will see the Capital Group multi-sector income fund distributed to clients globally, including in Hong Kong and Singapore.
Investec Capital reaches first close on private credit fund
The Emerging India Credit Opportunities Fund II reached first close with commitments in excess of Rp6.5bn.
Manulife and StanChart HK agree bancassurance deal
Standard Chartered (Hong Kong) will offer a range of Manulife’s products and services to its private banking clients.
Does the ‘magnificent seven’ tech wobble signal a turning point?
The usage of the well-known moniker is starting to come under scrutiny as both Apple and Tesla struggle, while the other stocks are beset by headwinds.
Invesco: Higher for longer extends runway for leveraged loan outperformance
With rate cuts pushed back, higher coupons in the senior loan market are looking more attractive, but be wary of an uptick in defaults.
Fragile support for sustainable funds in Asia
Taiwan was the exception to the trend of net outflows from Asia ex-Japan sustainable funds in the first quarter of this year, Morningstar finds.
Tikehau Capital inks partnership with Flow Capital
Tikehau Capital also announced the opening of a new office in Hong Kong, its fourth in the region after Singapore, Seoul and Tokyo.
