The region’s wealthy has also allocated more to alternatives and cash after moving away from equities, according to Capgemini’s latest World Wealth Report.
Category: News
Take profits in Chinese equities, Deutsche Wealth says
The bank has become increasingly cautious on the asset class due to concerns driven by the trade dispute.
Tech, emerging Europe outperform in 1H
The stragglers are funds focussed on Asia where the Sino-US trade conflict has taken the greatest toll on asset prices.
Wealth management spared the Deutsche Bank cull
The swingeing cuts at Deutsche Bank should leave wealth management unaffected; the Asia wealth division not impacted.
Few Asia equity funds above benchmark
The trade dispute has apparently had an impact on many Asia ex-Japan equity funds.
Tech’s heavy influence on global earnings raises alert
The technology sector is driving 100% of global earnings growth, warns private equity firm KKR, and the trade war is actually a new cold war.
UBS WM joins the portfolio protection parade
The private bank is the latest wealth manager to essentially steer neutral, but recommend a tilt toward portfolio protection.
‘Disruptive’ fund to debut in Singapore
The Nikko AM fund seeks early stage disruptors and is sub-advised by New York-based Ark Investment Management.
Eastspring raises $417m for FMP
The Singapore-based asset manager is the latest firm to issue a fixed maturity product for risk-averse, income-hungry retail investors.
Not yet ESG ready – 08 July 2019
FSA highlights a potential investment that MFS Investment Management declined on the basis of ESG criteria.
