Fixed income and high-dividend-paying stocks provide investors some downside protection in a late economic cycle, according to the firm’s chief market strategist.
Category: News
In case you missed it (5 July 2019)
Western Asset appoints Apac (ex-Japan) head of client service and marketing; Hang Seng IM launches fixed term bond fund; BNY Mellon IM names distribution partner in Taiwan; SFC grants 23 asset management licences in June; Mark Mobius publishes book on sustainable investing; and more…
Foreign firms scramble in fast-changing China
Aberdeen Standard Investments is the latest wholly-foreign owned enterprise manager to expand into advisory services in China.
China plans early end to foreign ownership limits
The abolition of ownership restrictions for foreign investors in the financial sector will happen in 2020, a year earlier than scheduled, says China premier Li Keqiang.
Ex-Goldman exec banned for life in HK
For involvement in the 1MDB scandal, Tim Leissner also has a lifetime prohibition on entering Singapore’s financial industry.
Noah rolls out firm to seed mainland managers
Gopher Redwoods Asset Management has already invested in five domestic asset managers, and management believes they can become global players.
Robeco seeks safety with IG bonds
A weakening global economy and declining corporate earnings have turned Robeco SAM’s fixed income strategy defensive, according to the firm’s Singapore CEO.
Few China equity funds outperform
FSA looks at China equity fund performance over a three-year period to the end of June.
Schroders: High yield shaky as growth slows
A majority of Schroders’ global credit income fund is invested in investment grade bonds.
Equity run is not over, SSGA says
State Street Global Advisors is positioning its funds “defensively in an active way” as it expects a slowdown not a recession, according to the asset manger’s Asia Pacific head of investments.
