137 out of 138 multi-asset funds declined less than the S&P 500 (-13.83%) during Q4, according to FE data. The exception was the Manulife All Weather Portfolio Growth Plus, which fell -14.44.
Category: News
HEAD-TO-HEAD: Fidelity vs Haitong
FSA compares two Asian high yield bond funds with sharply contrasting strategies and profiles: the Fidelity Asian High Yield Fund and the Haitong Asian High Yield Bond Fund.
The FSA Spy market buzz – 15 February 2019
BNP Wealth Management hires, so does HSBC PB; Change at Axa and MSCI recruits; Eastspring’s funny portal; JP Morgan’s coins; Valentine’s Day; advertising and much more.
Pictet Wealth defends hedge funds
The firm is also overweight cash and it believes most fixed income assets do not have attractive returns.
Commodity bets ride on divergence and change
Commodity prices have experienced wild swings over the past few years, and investors in commodity funds have had to be risk-tolerant.
In case you missed it (15 February 2019)
Morgan Stanley IM and BNPP AM bolster multi-asset capabilities in Asia; Schroders creates global head of private assets role; Amundi acquires Mirae Asset’s Taiwan business; Global pension funds cut equities allocation; Bank of China (Hong Kong) warns against fraudulent website; and more…
TT International hunts for China themes
The London-headquartered firm is also planning to expand its client base in Asia to include wholesale investors.
China bond funds rally in 2019
Offshore renminbi-denominated bond funds have staged a recovery so far this year, benefiting from a weaker US dollar.
Huge Stock Connect flows linked to MSCI
Northbound flows surged in 2018 and in January they set a record, as the Stock Connect finally gains momentum.
The problem with growth investing
Investors may find better opportunities in dividend-paying companies than growth stocks, argues Newton IM’s Nick Clay.
